SEK. 24 SHAH ALAM in Petaling, Selangor recorded 30 subsale transactions in 2022, with a median price of RM 365K and a median price per square foot (PSF) of RM 305.
This area contains both residential and commercial properties. View 96 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 231K to RM 499K, and a typical market range of RM 245K to RM 485K.
Most transactions involved low-cost house, with high diversity across multiple property types.
The median PSF stands at RM 305, with core pricing between RM 256 and RM 353. Market pricing typically extends from RM 259.25 to RM 349.75, reflecting moderate variation in unit pricing. The spread of RM 90.50 (IQR) and deviation of RM 49 (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. Moderate transaction volume may require patience when buying or selling.
