Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

16 subsales grouped by size

Median
RM 4,800,000
PSF
RM 355
Period
transactions middle 50% (P25–P75)
4,450 sqft
3-Sty Shop
RM 1,800,000
Pelabur A 23/A
4,456 sqft · RM 404 PSF
RM 1,800,000
Pelabur A 23/A
4,456 sqft · RM 404 PSF
RM 1,675,000
Jalan Pelabur A23/A
4,456 sqft · RM 376 PSF
RM 2,050,000
Jalan Pelabur B23/B
4,456 sqft · RM 460 PSF
9,100 sqft
Factory
RM 4,700,000
Jalan 23/5
9,104 sqft · RM 516 PSF
12,950 sqft
Semi-D Factory
RM 4,900,000
Jalan Ringgit 23/11
12,971 sqft · RM 378 PSF
RM 4,600,000
Jalan 23/11
12,971 sqft · RM 355 PSF
16,600 sqft
Semi-D Factory
RM 4,000,000
Jalan 23/2
16,587 sqft · RM 241 PSF
RM 4,000,000
Jalan Modal 23/2
16,587 sqft · RM 241 PSF
18,450 sqft
Semi-D Factory
RM 7,600,000
Jalan Ringgit 23/11
18,439 sqft · RM 412 PSF
22,850 sqft
Semi-D Factory
RM 5,200,000
Jalan Modal 23/2
22,841 sqft · RM 228 PSF
23,100 sqft
Semi-D Factory
RM 5,100,000
Jalan Modal 23/2
23,121 sqft · RM 221 PSF
25,850 sqft
Semi-D Factory
RM 8,700,000
Jalan Saham 23/3
25,844 sqft · RM 337 PSF
57,050 sqft
Factory
RM 15,000,000
Jalan Pasaran 23/5
57,038 sqft · RM 263 PSF
101,100 sqft
Factory
RM 16,100,000
Persiaran Perusahaan
101,093 sqft · RM 159 PSF
315,500 sqft
Factory
RM 55,000,000
Persiaran Perusahaan
315,512 sqft · RM 174 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 4,300,000

RM 367 psf

Median transaction price

Sek. 23, Shah Alam
© OpenStreetMap · CARTO

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Maps

Sek. 23, Shah Alam in Petaling, Selangor recorded 16 subsale transactions between 2021 and 2026, with a median price of RM 4.80 million and a median price per square foot (PSF) of RM 355.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 4.80 million, with most transactions falling within a stable range of RM 2.03 million to RM 7.58 million, and a typical market range of RM 2.62 million to RM 6.98 million.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

Price per square foot shows a median of RM 355, though individual units vary from RM 233 to RM 476 in the core range. The broader market spans RM 144.02 to RM 565.28, indicating diverse property characteristics. A wider spread (IQR: RM 421.25) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.

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.