Selangor
Petaling
Bandar Shah Alam
SEK. 23, SHAH ALAM

SEK. 23, SHAH ALAM

Area Intelligence

2024

Median Price

RM 9,500,000

PSF: RM 252

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Commercial PSF Trends

Median Price

RM 9,500,000

RM 252 PSF

SEK. 23, SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 9.50 million and a median price per square foot (PSF) of RM 252.

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 9.50 million, with most transactions falling within a stable range of RM 4.00 million to RM 15.00 million, and a typical market range of RM 7.54 million to RM 11.46 million.

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

For price per square foot, the median is RM 252, with most transactions between RM 241 and RM 263. The usual range is RM 0.00 to RM 535.75, showing that most units are priced quite close to each other. With an IQR of RM 567.50 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

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.

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SEK. 23, SHAH ALAM, Petaling, Selangor

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