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Market Snapshot
ResidentialRM 185,000
RM 278 psfMedian transaction price
Seksyen 8, 40000 Shah Alam, Selangor, Malaysia
MapsSek. 8 Shah Alam in Petaling, Selangor recorded 2 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM 185K and a median price per square foot (PSF) of RM 278.
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 185K, with most transactions falling within a stable range of RM 170K to RM 200K, and a typical market range of RM 170K to RM 200K.
Within the Condo/Apartment category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 278, with most transactions between RM 269 and RM 287. The usual range is RM 218.97 to RM 337.47, showing that most units are priced quite close to each other. With an IQR of RM 118.50 and MAD of RM 9, 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.