SEK. 17 SHAH ALAM in Petaling, Selangor recorded 26 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 323.
This area contains both residential and commercial properties. View 73 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 320K to RM 480K, and a typical market range of RM 320K to RM 480K.
Most transactions involved low-cost house, with high diversity across multiple property types.
The median PSF stands at RM 323, with core pricing between RM 282 and RM 364. Market pricing typically extends from RM 274.63 to RM 371.38, reflecting moderate variation in unit pricing. With an IQR of RM 96.75 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.
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. Moderate transaction volume may require patience when buying or selling.
