SEK. 6 SHAH ALAM in Petaling, Selangor recorded 16 subsale transactions in 2023, with a median price of RM 208K and a median price per square foot (PSF) of RM 317.
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 208K, with most transactions falling within a stable range of RM 158K to RM 258K, and a typical market range of RM 21K to RM 394K.
Most transactions involved flats, with high diversity across multiple property types.
The median PSF stands at RM 317, with core pricing between RM 278 and RM 356. Market pricing typically extends from RM 278.75 to RM 354.25, reflecting moderate variation in unit pricing. With an IQR of RM 75.50 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.
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.