SEK. 7 SHAH ALAM

SEK. 7 SHAH ALAM in Petaling, Selangor recorded 13 subsale transactions in 2022, with a median price of RM 1.38 million and a median price per square foot (PSF) of RM 320.

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 1.38 million, with most transactions falling within a stable range of RM 835K to RM 1.92 million, and a typical market range of RM 1.23 million to RM 1.53 million.

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 320, though individual units vary from RM 249 to RM 391 in the core range. The broader market spans RM 258.75 to RM 381.25, indicating diverse property characteristics. The spread of RM 122.50 (IQR) and deviation of RM 71 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.