Sek. 16, Shah Alam
Seksyen 16, 40200 Shah Alam, Selangor, Malaysia
Seksyen 16, 40200 Shah Alam, Selangor, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Gudang 16/9
|
RM 11,800,000
|
RM 274
|
42,999 sqft
|
|
|
Jalan Gudang 16/9
|
RM 12,184,000
|
RM 283
|
43,099 sqft
|
|
|
Jalan Gudang 16/9
|
RM 15,716,000
|
RM 283
|
55,598 sqft
|
|
|
Jalan Halba Satu 16/16A
|
RM 16,500,000
|
RM 247
|
66,736 sqft
|
|
|
Jalan Halba 16/16
|
RM 22,000,000
|
RM 178
|
123,333 sqft
|
|
|
Prsn Raja Muda
|
RM 41,000,000
|
RM 157
|
261,511 sqft
|
|
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Market Snapshot
CommercialRM 16,108,000
RM 261 psfMedian transaction price
Seksyen 16, 40200 Shah Alam, Selangor, Malaysia
MapsSek. 16, Shah Alam in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 16.11 million and a median price per square foot (PSF) of RM 261.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 16.11 million, with most transactions falling within a stable range of RM 11.80 million to RM 26.14 million, and a typical market range of RM 11.80 million to RM 22.50 million.
Most transactions involved detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 261, with core pricing between RM 210 and RM 312. Market pricing typically extends from RM 199.83 to RM 321.83, reflecting moderate variation in unit pricing. The spread of RM 122.00 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.