Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 6,150,000
PSF
RM 370
Price Size
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
9,100 sqft
Factory
RM 4,700,000
Jalan 23/5
9,104 sqft · RM 516 PSF
16,600 sqft
Semi-D Factory
RM 4,000,000
Jalan 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
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
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 6,150,000

RM 370 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 8 subsale transactions between 2021 and 2026, with a median price of RM 6.15 million and a median price per square foot (PSF) of RM 370.

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 6.15 million, with most transactions falling within a stable range of RM 1.80 million to RM 22.78 million, and a typical market range of RM 3.97 million to RM 8.33 million.

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

Price per square foot shows a median of RM 370, though individual units vary from RM 266 to RM 475 in the core range. The broader market spans RM 159.65 to RM 580.91, indicating diverse property characteristics. A wider spread (IQR: RM 421.25) and deviation (MAD: RM 105) 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.