SEK. 16, SHAH ALAM

Area Intelligence
2023
Median Price
RM 16,108,000
PSF: RM 261

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

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Transactions

6 transactions grouped by size

43,000 sqft
Detached Factory
RM 11,800,000
JALAN GUDANG 16/9
42,999 sqft · RM 274 PSF
43,100 sqft
Detached Factory
RM 12,184,000
JALAN GUDANG 16/9
43,099 sqft · RM 283 PSF
55,600 sqft
Detached Factory
RM 15,716,000
JALAN GUDANG 16/9
55,598 sqft · RM 283 PSF
66,750 sqft
Detached Factory
RM 16,500,000
JALAN HALBA SATU 16/16A
66,736 sqft · RM 247 PSF
123,350 sqft
Detached Factory
RM 22,000,000
JALAN HALBA 16/16
123,333 sqft · RM 178 PSF
261,500 sqft
Detached Factory
RM 41,000,000
PRSN RAJA MUDA
261,511 sqft · RM 157 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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