SEK. 28 SHAH ALAM in Petaling, Selangor recorded 13 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 283.
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 350K, with most transactions falling within a stable range of RM 250K to RM 450K, and a typical market range of RM 228K to RM 473K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 283, with core pricing between RM 248 and RM 318. Market pricing typically extends from RM 249.00 to RM 317.00, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.