Sek. 23, Shah Alam
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Ringgit 23/11
|
RM 7,600,000
|
RM 412
|
18,439 sqft
|
|
Semi-D Factory |
|
Pelabur A 23/A
|
RM 1,800,000
|
RM 404
|
4,456 sqft
|
|
3-Sty Shop |
| 2024 | |||||
|
Jalan Pasaran 23/5
|
RM 15,000,000
|
RM 263
|
57,038 sqft
|
|
Factory |
|
Jalan 23/5
|
RM 4,700,000
|
RM 516
|
9,104 sqft
|
|
Factory |
|
Jalan 23/2
|
RM 4,000,000
|
RM 241
|
16,587 sqft
|
|
Semi-D Factory |
|
Pelabur A 23/A
|
RM 1,800,000
|
RM 404
|
4,456 sqft
|
|
3-Sty Shop |
| 2023 | |||||
|
Jalan Saham 23/3
|
RM 8,700,000
|
RM 337
|
25,844 sqft
|
|
Semi-D Factory |
|
Persiaran Perusahaan
|
RM 55,000,000
|
RM 174
|
315,512 sqft
|
|
Factory |
|
Jalan Pelabur A23/A
|
RM 1,675,000
|
RM 376
|
4,456 sqft
|
|
3-Sty Shop |
| 2022 | |||||
|
Jalan Pelabur B23/B
|
RM 2,050,000
|
RM 460
|
4,456 sqft
|
|
3-Sty Shop |
|
Persiaran Perusahaan
|
RM 16,100,000
|
RM 159
|
101,093 sqft
|
|
Factory |
|
Jalan Ringgit 23/11
|
RM 4,900,000
|
RM 378
|
12,971 sqft
|
|
Semi-D Factory |
| 2021 | |||||
|
Jalan 23/11
|
RM 4,600,000
|
RM 355
|
12,971 sqft
|
|
Semi-D Factory |
|
Jalan Modal 23/2
|
RM 5,200,000
|
RM 228
|
22,841 sqft
|
|
Semi-D Factory |
|
Jalan Modal 23/2
|
RM 4,000,000
|
RM 241
|
16,587 sqft
|
|
Semi-D Factory |
|
Jalan Modal 23/2
|
RM 5,100,000
|
RM 221
|
23,121 sqft
|
|
Semi-D Factory |
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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.