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 165K to RM 265K, and a typical market range of RM 29K to RM 401K.
Most transactions involved flats, with high diversity across multiple property types.
The median PSF stands at RM 307, with core pricing between RM 268 and RM 346. Market pricing typically extends from RM 268.75 to RM 344.25, 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.