Selangor
Petaling
Bandar Shah Alam
SEK. 16, SHAH ALAM

SEK. 16, SHAH ALAM

Area Intelligence

2023

Median Price

RM 16,108,000

PSF: RM 261

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Commercial PSF Trends

Median Price

RM 16,108,000

RM 261 PSF

SEK. 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 11.96 million to RM 20.26 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 261, with core pricing between RM 210 and RM 311. Market pricing typically extends from RM 222.00 to RM 299.00, reflecting moderate variation in unit pricing. The spread of RM 77.00 (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.

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SEK. 16, SHAH ALAM, Petaling, Selangor

OSM

Track location

Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 11,800,000

JALAN GUDANG 16/9

42,999 sqft • RM 274.00 PSF

Dec 2023

RM 41,000,000

PRSN RAJA MUDA

261,511 sqft • RM 157.00 PSF

Nov 2023

RM 12,184,000

JALAN GUDANG 16/9

43,099 sqft • RM 283.00 PSF

Aug 2023

RM 15,716,000

JALAN GUDANG 16/9

55,598 sqft • RM 283.00 PSF

Aug 2023

RM 22,000,000

JALAN HALBA 16/16

123,333 sqft • RM 178.00 PSF

Feb 2023

RM 16,500,000

JALAN HALBA SATU 16/16A

66,736 sqft • RM 247.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
JALAN GUDANG 16/9	RM 11,800,000	RM 274.00	42,999 sqft	Dec 2023	Detached Factory
PRSN RAJA MUDA	RM 41,000,000	RM 157.00	261,511 sqft	Nov 2023	Detached Factory
JALAN GUDANG 16/9	RM 12,184,000	RM 283.00	43,099 sqft	Aug 2023	Detached Factory
JALAN GUDANG 16/9	RM 15,716,000	RM 283.00	55,598 sqft	Aug 2023	Detached Factory
JALAN HALBA 16/16	RM 22,000,000	RM 178.00	123,333 sqft	Feb 2023	Detached Factory
JALAN HALBA SATU 16/16A	RM 16,500,000	RM 247.00	66,736 sqft	Jan 2023	Detached Factory