BUKIT BANDARAYA SHAH ALAM in Petaling, Selangor recorded 30 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 407.
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 650K, with most transactions falling within a stable range of RM 530K to RM 770K, and a typical market range of RM 535K to RM 765K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 407, with core pricing between RM 365 and RM 449. Market pricing typically extends from RM 366.50 to RM 446.50, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 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. Moderate transaction volume may require patience when buying or selling.