SHAH ALAM UTAMA

Area Intelligence
2021
Median Price
RM 685,000
PSF: RM 416

Residential PSF Trends

Median Price

RM 685,000

PSF: RM 416

SHAH ALAM UTAMA in Petaling, Selangor recorded 7 subsale transactions in 2021, with a median price of RM 685K and a median price per square foot (PSF) of RM 416.

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 685K, with most transactions falling within a stable range of RM 488K to RM 882K, and a typical market range of RM 501K to RM 869K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 416, with core pricing between RM 374 and RM 458. Market pricing typically extends from RM 358.00 to RM 474.00, reflecting moderate variation in unit pricing. With an IQR of RM 116.00 and MAD of RM 42, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SHAH ALAM UTAMA, Petaling, Selangor

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