Alam Avenue-Sek.16 Shah Alam

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

Property Transactions

2 subsales grouped by size · 3-Sty Shop →

Median
RM 1,725,000
PSF
RM 402
Price Size
Period
transactions middle 50% (P25–P75)
3,950 sqft
3-Sty Shop
RM 1,850,000
Jalan Serai Wangi H 16/H
3,929 sqft · RM 471 PSF
4,800 sqft
3-Sty Shop
RM 1,600,000
Jalan Serai Wangi G 16/G
4,801 sqft · RM 333 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 2 subsale transactions in 2022, with a median price of RM 1.73 million and a median price per square foot (PSF) of RM 402.

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 1.73 million, with most transactions falling within a stable range of RM 1.60 million to RM 1.85 million, and a typical market range of RM 1.60 million to RM 1.85 million.

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

The median PSF stands at RM 402, with core pricing between RM 333 and RM 471. Market pricing typically extends from RM 231.08 to RM 573.08, reflecting moderate variation in unit pricing. The spread of RM 342.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.