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Market Snapshot
CommercialRM 180,000
RM 140 psfMedian transaction price
Seksyen 26, 40400 Shah Alam, Selangor, Malaysia
MapsSek. 26 Shah Alam in Petaling, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 140.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved office lot, with moderate diversity in property types available.
For price per square foot, the median is RM 140, with most transactions between RM 140 and RM 140. The usual range is RM 23.37 to RM 256.37, showing that most units are priced quite close to each other. With an IQR of RM 233.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.