SHAH ALAM UTAMA in Petaling, Selangor recorded 9 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 562.
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 750K, with most transactions falling within a stable range of RM 553K to RM 947K, and a typical market range of RM 566K to RM 934K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 562, with most transactions between RM 520 and RM 604. The usual range is RM 504.00 to RM 620.00, showing that most units are priced quite close to each other. 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.
