SEK. 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 705K to RM 865K, and a typical market range of RM 590K to RM 980K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 199, though individual units vary from RM 157 to RM 241 in the core range. The broader market spans RM 158.00 to RM 239.00, indicating diverse property characteristics. The spread of RM 81.00 (IQR) and deviation of RM 42 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
