Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 1,800,000
PSF
RM 404
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
RM 1,675,000
Jalan Pelabur A23/A
4,456 sqft · RM 376 PSF
RM 2,050,000
Jalan Pelabur B23/B
4,456 sqft · RM 460 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 1,800,000

RM 404 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 4 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 404.

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 1.80 million, with most transactions falling within a stable range of RM 1.68 million to RM 1.94 million, and a typical market range of RM 1.68 million to RM 2.05 million.

Within the 3-Storey Shop category, semi-detached factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 404, with most transactions between RM 373 and RM 435. The usual range is RM 193.31 to RM 614.56, showing that most units are priced quite close to each other. With an IQR of RM 421.25 and MAD of RM 31, 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.