SEKSYEN 7 - SHAH ALAM

SEKSYEN 7 - SHAH ALAM in Petaling, Selangor recorded 11 subsale transactions in 2022, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 908.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

For price per square foot, the median is RM 908, with most transactions between RM 908 and RM 908. The usual range is RM 673.63 to RM 1,142.38, showing that most units are priced quite close to each other. With an IQR of RM 468.75 and MAD of RM 0, 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.