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 550K to RM 291K, and a typical market range of RM 550K to RM 394K.
Most transactions involved flats, with high diversity across multiple property types.
For price per square foot, the median is RM 317, with most transactions between RM 296 and RM 337. The usual range is RM 278.75 to RM 354.25, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 20, 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.
