SEK. 16, SHAH ALAM in Petaling, Selangor recorded 1 subsale transactions in 2022, with a median price of RM 41.00 million and a median price per square foot (PSF) of RM 157.
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 41.00 million, with most transactions falling within a stable range of RM 35.90 million to RM 46.10 million, and a typical market range of RM 36.85 million to RM 45.15 million.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 157, though individual units vary from RM 123 to RM 191 in the core range. The broader market spans RM 118.50 to RM 195.50, indicating diverse property characteristics. The spread of RM 77.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
