Selangor
Petaling
Bandar Shah Alam
SEK. 8 SHAH ALAM

SEK. 8 SHAH ALAM

Area Intelligence

2023

Median Price

RM 585,000

PSF: RM 340

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Residential PSF Trends

Median Price

RM 585,000

PSF: RM 340

SEK. 8 SHAH ALAM in Petaling, Selangor recorded 13 subsale transactions in 2023, with a median price of RM 585K and a median price per square foot (PSF) of RM 340.

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 585K, with most transactions falling within a stable range of RM 1.00 million to RM 1.09 million, and a typical market range of RM 1.00 million to RM 732K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 340, with most transactions between RM 317 and RM 364. The usual range is RM 282.25 to RM 397.75, showing that most units are priced quite close to each other. With an IQR of RM 115.50 and MAD of RM 24, 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.

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SEK. 8 SHAH ALAM, Petaling, Selangor

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