Selangor
Petaling
Bandar Shah Alam
SEK. 7 SHAH ALAM

SEK. 7 SHAH ALAM

Area Intelligence

2023

Median Price

RM 700,000

PSF: RM 391

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Residential PSF Trends

Median Price

RM 700,000

PSF: RM 391

SEK. 7 SHAH ALAM in Petaling, Selangor recorded 58 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 391.

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 700K, with most transactions falling within a stable range of RM 750K to RM 1.02 million, and a typical market range of RM 750K to RM 850K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 391, though individual units vary from RM 296 to RM 485 in the core range. The broader market spans RM 329.25 to RM 451.75, indicating diverse property characteristics. The spread of RM 122.50 (IQR) and deviation of RM 95 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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SEK. 7 SHAH ALAM, Petaling, Selangor

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