SEK. 16 SHAH ALAM-JALAN DAWAI 16/2 in Petaling, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 133K and a median price per square foot (PSF) of RM 304.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 133K, with most transactions falling within a stable range of RM 117K to RM 149K, and a typical market range of RM 116K to RM 149K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 304, with most transactions between RM 276 and RM 332. The usual range is RM 275.63 to RM 332.38, showing that most units are priced quite close to each other. With an IQR of RM 56.75 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.