SEK. 6 SHAH ALAM in Petaling, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 215K and a median price per square foot (PSF) of RM 307.
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 215K, with most transactions falling within a stable range of RM 184K to RM 246K, and a typical market range of RM 165K to RM 260K.
Most transactions involved flats, with high diversity across multiple property types.
For price per square foot, the median is RM 307, with most transactions between RM 278 and RM 335. The usual range is RM 268.75 to RM 344.25, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 29, 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.