Sek. 23, Shah Alam
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 5,200,000
|
RM 228
|
22,841 sqft
|
|
|
|
RM 4,000,000
|
RM 241
|
16,587 sqft
|
|
|
|
RM 5,100,000
|
RM 221
|
23,121 sqft
|
|
|
RM 7,600,000
|
RM 412
|
18,439 sqft
|
|
|
|
RM 4,900,000
|
RM 378
|
12,971 sqft
|
|
|
RM 1,800,000
|
RM 404
|
4,456 sqft
|
|
|
|
RM 1,800,000
|
RM 404
|
4,456 sqft
|
|
|
RM 55,000,000
|
RM 174
|
315,512 sqft
|
|
|
|
RM 16,100,000
|
RM 159
|
101,093 sqft
|
|
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Market Snapshot
CommercialRM 4,300,000
RM 367 psfMedian transaction price
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
MapsSek. 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.