SEK. 8 SHAH ALAM in Petaling, Selangor recorded 13 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 300.
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 750K, with most transactions falling within a stable range of RM 665K to RM 835K, and a typical market range of RM 603K to RM 897K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 300, with core pricing between RM 247 and RM 353. Market pricing typically extends from RM 242.25 to RM 357.75, reflecting moderate variation in unit pricing. The spread of RM 115.50 (IQR) and deviation of RM 53 (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.
