| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Beringin 3/13
|
RM 630,000
|
RM 331
|
1,905 sqft
|
|
|
Jalan Kemuning 3/4
|
RM 970,000
|
RM 133
|
7,301 sqft
|
|
|
Jalan Jati 3/6
|
RM 1,350,000
|
RM 178
|
7,604 sqft
|
|
|
Jalan Kemuning 3/4
|
RM 1,200,000
|
RM 129
|
9,318 sqft
|
|
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Market Snapshot
ResidentialRM 1,085,000
RM 155 psfMedian transaction price
Seksyen 3, 40000 Shah Alam, Selangor, Malaysia
MapsSek. 3. Shah Alam in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 1.09 million and a median price per square foot (PSF) of RM 155.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.09 million, with most transactions falling within a stable range of RM 814K to RM 1.35 million, and a typical market range of RM 831K to RM 1.34 million.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 155, though individual units vary from RM 73 to RM 237 in the core range. The broader market spans RM 96.45 to RM 213.95, indicating diverse property characteristics. A wider spread (IQR: RM 117.50) and deviation (MAD: RM 82) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.