SEK. 28 SHAH ALAM in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 281.
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 220K, with most transactions falling within a stable range of RM 120K to RM 320K, and a typical market range of RM 98K to RM 343K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 281, with core pricing between RM 246 and RM 316. Market pricing typically extends from RM 247.00 to RM 315.00, reflecting moderate variation in unit pricing. With an IQR of RM 68.00 and MAD of RM 35, 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.