Sek. 8 Shah Alam

SEK. 8 SHAH ALAM in Petaling, Selangor recorded 16 subsale transactions in 2022, with a median price of RM 569K and a median price per square foot (PSF) of RM 304.

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 569K, with most transactions falling within a stable range of RM 140K to RM 1.20 million, and a typical market range of RM 422K to RM 715K.

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 304, though individual units vary from RM 242 to RM 366 in the core range. The broader market spans RM 246.25 to RM 361.75, indicating diverse property characteristics. The spread of RM 115.50 (IQR) and deviation of RM 62 (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.