Selangor
Petaling
Pekan Hicom
SEK. 27 SHAH ALAM

SEK. 27 SHAH ALAM

Area Intelligence

2023

Median Price

RM 640,000

PSF: RM 251

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Residential PSF Trends

Median Price

RM 640,000

PSF: RM 251

SEK. 27 SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 251.

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 640K, with most transactions falling within a stable range of RM 570K to RM 710K, and a typical market range of RM 570K to RM 710K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 251, with most transactions between RM 249 and RM 253. The usual range is RM 189.38 to RM 312.63, showing that most units are priced quite close to each other. With an IQR of RM 123.25 and MAD of RM 2, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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SEK. 27 SHAH ALAM, Petaling, Selangor

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