SEK. 16 SHAH ALAM-JALAN DAWAI 16/2 in Petaling, Selangor recorded 11 subsale transactions in 2022, with a median price of RM 115K and a median price per square foot (PSF) of RM 279.
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 115K, with most transactions falling within a stable range of RM 99K to RM 131K, and a typical market range of RM 99K to RM 131K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 279, with core pricing between RM 251 and RM 307. Market pricing typically extends from RM 250.63 to RM 307.38, reflecting moderate variation in unit pricing. 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.