Selangor
Petaling
Bandar Shah Alam
SEK. 24 SHAH ALAM

SEK. 24 SHAH ALAM

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 304

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 304

Commercial PSF Trends

Median Price

RM 1,400,000

RM 845 PSF

SEK. 24 SHAH ALAM in Petaling, Selangor recorded 33 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 304.

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 370K, with most transactions falling within a stable range of RM 860K to RM 640K, and a typical market range of RM 860K to RM 490K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 304, though individual units vary from RM 5 to RM 603 in the core range. The broader market spans RM 258.75 to RM 349.25, indicating diverse property characteristics. A wider spread (IQR: RM 90.50) and deviation (MAD: RM 299) 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. Moderate transaction volume may require patience when buying or selling.

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SEK. 24 SHAH ALAM, Petaling, Selangor

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