Alam Avenue-Sek.16 Shah Alam

2, Jalan Serai Wangi L 16/L, Seksyen 16, 40200 Shah Alam, Selangor, Malaysia

Property Transactions

5 subsales found · 3-Sty Shop →

Median
RM 1,600,000
PSF
RM 412
Period
transactions middle 50% (P25–P75)
RM 2,538,000
Jalan Serai Wangi G 16/G
4,801 sqft RM 529 PSF
RM 1,370,000
Jalan Serai Wangi 16/H
3,929 sqft RM 349 PSF
RM 1,600,000
Jalan Serai Wangi G 16/G
4,801 sqft RM 333 PSF
RM 1,850,000
Jalan Serai Wangi H 16/H
3,929 sqft RM 471 PSF
RM 275,000
Jalan Serai Wangi J 16/J
667 sqft RM 412 PSF
Legend Recent Highest Price Highest PSF

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Alam Avenue-Sek.16 Shah Alam
© OpenStreetMap · CARTO

2, Jalan Serai Wangi L 16/L, Seksyen 16, 40200 Shah Alam, Selangor, Malaysia

Maps

Alam Avenue-Sek.16 Shah Alam in Petaling, Selangor recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 412.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.60 million, with most transactions falling within a stable range of RM 1.35 million to RM 1.85 million, and a typical market range of RM 1.36 million to RM 1.84 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 412, though individual units vary from RM 227 to RM 597 in the core range. The broader market spans RM 241.07 to RM 583.07, indicating diverse property characteristics. A wider spread (IQR: RM 342.00) and deviation (MAD: RM 185) indicate significant PSF variations, likely due to diverse property types or conditions.

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.