Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 5,000,000
PSF
RM 289
Price Size
transactions middle 50% (P25–P75)
12,950 sqft
Semi-D Factory
RM 4,900,000
Jalan Ringgit 23/11
12,971 sqft · RM 378 PSF
RM 4,600,000
Jalan 23/11
12,971 sqft · RM 355 PSF
16,600 sqft
Semi-D Factory
RM 4,000,000
Jalan 23/2
16,587 sqft · RM 241 PSF
RM 4,000,000
Jalan Modal 23/2
16,587 sqft · RM 241 PSF
18,450 sqft
Semi-D Factory
RM 7,600,000
Jalan Ringgit 23/11
18,439 sqft · RM 412 PSF
22,850 sqft
Semi-D Factory
RM 5,200,000
Jalan Modal 23/2
22,841 sqft · RM 228 PSF
23,100 sqft
Semi-D Factory
RM 5,100,000
Jalan Modal 23/2
23,121 sqft · RM 221 PSF
25,850 sqft
Semi-D Factory
RM 8,700,000
Jalan Saham 23/3
25,844 sqft · RM 337 PSF
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Market Snapshot

Commercial

RM 5,000,000

RM 289 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 8 Semi-D Factory properties subsale transactions between 2021 and 2026, with a median price of RM 5.00 million and a median price per square foot (PSF) of RM 289.

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 5.00 million, with most transactions falling within a stable range of RM 4.00 million to RM 6.60 million, and a typical market range of RM 4.00 million to RM 7.18 million.

Within the Semi-D 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 289, though individual units vary from RM 217 to RM 361 in the core range. The broader market spans RM 78.26 to RM 499.52, indicating diverse property characteristics. The spread of RM 421.25 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

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.