| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bung Kekwa 2/12
|
RM 370,000
|
RM 209
|
1,769 sqft
|
|
|
Jalan Bunga Cempaka 2/11
|
RM 1,200,000
|
RM 188
|
6,370 sqft
|
|
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Market Snapshot
ResidentialRM 785,000
RM 199 psfMedian transaction price
20, Jalan Bunga Tanjung 2/16, Section 2, 40000 Shah Alam, Selangor, Malaysia
MapsSek. 2 Shah Alam in Petaling, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 785K and a median price per square foot (PSF) of RM 199.
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 785K, with most transactions falling within a stable range of RM 370K to RM 1.20 million, and a typical market range of RM 479K to RM 1.09 million.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 199, with most transactions between RM 188 and RM 209. The usual range is RM 161.03 to RM 236.53, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 10, 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. Limited transaction history suggests carefully evaluating comparable sales data.