SEK. 23, SHAH ALAM Property Investment Analysis

Bandar Shah Alam, Petaling, Selangor

Median Price
RM 4,700,000
CAGR
-3.6%
Median PSF
RM 337.00
CAGR
+18.4%
Transactions
15
Period
2021-2025

SEK. 23, SHAH ALAM in Petaling, Selangor recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 4.70 million and a median price per square foot (PSF) of RM 337.

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 4.70 million, with most transactions falling within a stable range of RM 2.05 million to RM 7.35 million, and a typical market range of RM 2.74 million to RM 6.66 million.

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

Price per square foot shows a median of RM 337, though individual units vary from RM 221 to RM 453 in the core range. The broader market spans RM 53.25 to RM 620.75, indicating diverse property characteristics. A wider spread (IQR: RM 567.50) and deviation (MAD: RM 116) 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.

ADVANCED FILTERS

TRANSACTIONS

15 found
3 - 3 1/2 Storey Shop
PELABUR A 23/A
RM 1,800,000
PSF: RM 1,169.00
Area: 1,539 sqft
Date: Mar 2025
Detached Factory/Warehouse
JALAN PASARAN 23/5
RM 15,000,000
PSF: RM 263.00
Area: 57,038 sqft
Date: Aug 2024
Detached Factory/Warehouse
JLN 23/5
RM 4,700,000
PSF: RM 516.00
Area: 9,104 sqft
Date: May 2024
Semi-Detached Factory/Warehouse
JALAN 23/2
RM 4,000,000
PSF: RM 241.00
Area: 16,587 sqft
Date: May 2024
3 - 3 1/2 Storey Shop
PELABUR A 23/A
RM 1,800,000
PSF: RM 1,169.00
Area: 1,539 sqft
Date: Apr 2024
Semi-Detached Factory/Warehouse
JALAN SAHAM 23/3
RM 8,700,000
PSF: RM 337.00
Area: 25,844 sqft
Date: Dec 2023
Detached Factory/Warehouse
PERSIARAN PERUSAHAAN
RM 55,000,000
PSF: RM 174.00
Area: 315,512 sqft
Date: Oct 2023
3 - 3 1/2 Storey Shop
JLN PELABUR A23/A
RM 1,675,000
PSF: RM 1,088.00
Area: 1,539 sqft
Date: Feb 2023
3 - 3 1/2 Storey Shop
JLN PELABUR B23/B
RM 2,050,000
PSF: RM 1,332.00
Area: 1,539 sqft
Date: Jul 2022
Detached Factory/Warehouse
PERSIARAN PERUSAHAAN
RM 16,100,000
PSF: RM 159.00
Area: 101,093 sqft
Date: Mar 2022
Semi-Detached Factory/Warehouse
JLN RINGGIT 23/11
RM 4,900,000
PSF: RM 378.00
Area: 12,971 sqft
Date: Jan 2022
Semi-Detached Factory/Warehouse
JALAN 23/11
RM 4,600,000
PSF: RM 355.00
Area: 12,971 sqft
Date: Oct 2021
Semi-Detached Factory/Warehouse
JALAN MODAL 23/2
RM 5,200,000
PSF: RM 228.00
Area: 22,841 sqft
Date: Oct 2021
Semi-Detached Factory/Warehouse
JALAN MODAL 23/2
RM 4,000,000
PSF: RM 241.00
Area: 16,587 sqft
Date: Sep 2021
Semi-Detached Factory/Warehouse
JALAN MODAL 23/2
RM 5,100,000
PSF: RM 221.00
Area: 23,121 sqft
Date: Aug 2021