SHAH ALAM UTAMA (CAHAYA ALAM) in Petaling, Selangor recorded 21 subsale transactions in 2023, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 567.
This area contains both residential and commercial properties. View 36 residential properties or 36 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.20 million, with most transactions falling within a stable range of RM 949K to RM 1.45 million, and a typical market range of RM 954K to RM 1.45 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 567, though individual units vary from RM 441 to RM 693 in the core range. The broader market spans RM 371.75 to RM 762.25, indicating diverse property characteristics. The spread of RM 390.50 (IQR) and deviation of RM 126 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
