Sek. 27 Shah Alam

SEK. 27 SHAH ALAM in Petaling, Selangor recorded 35 subsale transactions in 2023, with a median price of RM 590K and a median price per square foot (PSF) of RM 351.

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 590K, with most transactions falling within a stable range of RM 296K to RM 884K, and a typical market range of RM 375K to RM 805K.

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

The median PSF stands at RM 351, with core pricing between RM 282 and RM 420. Market pricing typically extends from RM 289.25 to RM 412.75, reflecting moderate variation in unit pricing. The spread of RM 123.50 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.