Sek. 8 Shah Alam

SEK. 8 SHAH ALAM in Petaling, Selangor recorded 8 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 357.

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 550K, with most transactions falling within a stable range of RM 517K to RM 1.63 million, and a typical market range of RM 517K to RM 697K.

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

Price per square foot shows a median of RM 357, though individual units vary from RM 275 to RM 438 in the core range. The broader market spans RM 298.75 to RM 414.25, indicating diverse property characteristics. The spread of RM 115.50 (IQR) and deviation of RM 82 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.