Selangor
Petaling
Pekan Hicom
SEK. 27, SHAH ALAM

SEK. 27, SHAH ALAM

Area Intelligence

2022

Median Price

RM 1,075,000

PSF: RM 526

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Commercial PSF Trends

Median Price

RM 1,075,000

RM 526 PSF

SEK. 27, SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 526.

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 1.08 million, with most transactions falling within a stable range of RM 750K to RM 1.40 million, and a typical market range of RM 880K to RM 1.27 million.

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

The median PSF stands at RM 526, with core pricing between RM 469 and RM 583. Market pricing typically extends from RM 475.50 to RM 576.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 57, 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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