Selangor
Petaling
Pekan Hicom
SEK. 27, SHAH ALAM

SEK. 27, SHAH ALAM

Area Intelligence

2022

Median Price

RM 1,355,000

PSF: RM 493

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Commercial PSF Trends

Median Price

RM 1,355,000

RM 493 PSF

SEK. 27, SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 1.36 million and a median price per square foot (PSF) of RM 493.

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 1.36 million, with most transactions falling within a stable range of RM 1.31 million to RM 1.40 million, and a typical market range of RM 1.31 million to RM 1.40 million.

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

The median PSF stands at RM 493, with core pricing between RM 403 and RM 583. Market pricing typically extends from RM 442.50 to RM 543.50, reflecting moderate variation in unit pricing. The spread of RM 101.00 (IQR) and deviation of RM 90 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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SEK. 27, SHAH ALAM, Petaling, Selangor

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