Sek. 23, Shah Alam

Sek. 23, Shah Alam in Petaling, Selangor recorded 4 Detached Factory properties subsale transactions between 2021 and 2026, with a median price of RM 15.55 million and a median price per square foot (PSF) of RM 219.

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 15.55 million, with most transactions falling within a stable range of RM 4.70 million to RM 34.72 million, and a typical market range of RM 13.37 million to RM 17.73 million.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 76 to RM 362 in the core range. The broader market spans RM 8.03 to RM 429.28, indicating diverse property characteristics. A wider spread (IQR: RM 421.25) and deviation (MAD: RM 143) 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.