BUKIT BANDARAYA SHAH ALAM in Petaling, Selangor recorded 31 subsale transactions in 2023, with a median price of RM 710K and a median price per square foot (PSF) of RM 417.
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 710K, with most transactions falling within a stable range of RM 590K to RM 830K, and a typical market range of RM 595K to RM 825K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 417, with core pricing between RM 375 and RM 459. Market pricing typically extends from RM 377.00 to RM 457.00, 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.