SEK.8 SHAH ALAM-JALAN 8/1-8/2C in Petaling, Selangor recorded 18 subsale transactions in 2023, with a median price of RM 177K and a median price per square foot (PSF) of RM 299.
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 177K, with most transactions falling within a stable range of RM 152K to RM 202K, and a typical market range of RM 154K to RM 200K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 299, with most transactions between RM 273 and RM 325. The usual range is RM 275.75 to RM 322.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.50 and an average deviation (MAD) of RM 26 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.