Sek. 23, Shah Alam

Sek. 23, Shah Alam in Petaling, Selangor recorded 4 subsale transactions in 2021, with a median price of RM 4.85 million and a median price per square foot (PSF) of RM 234.

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 4.85 million, with most transactions falling within a stable range of RM 4.37 million to RM 5.20 million, and a typical market range of RM 4.00 million to RM 5.20 million.

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

Price per square foot shows a median of RM 234, though individual units vary from RM 180 to RM 289 in the core range. The broader market spans RM 23.78 to RM 445.03, indicating diverse property characteristics. The spread of RM 421.25 (IQR) and deviation of RM 55 (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.