SHAH ALAM TECHNOLOGY PARK

SHAH ALAM TECHNOLOGY PARK in Klang, Selangor recorded 9 subsale transactions in 2023, with a median price of RM 983K and a median price per square foot (PSF) of RM 435.

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 983K, with most transactions falling within a stable range of RM 870K to RM 2.46 million, and a typical market range of RM 870K to RM 2.13 million.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 435, with most transactions between RM 395 and RM 475. The usual range is RM 371.88 to RM 498.13, showing that most units are priced quite close to each other. With an IQR of RM 126.25 and MAD of RM 40, 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.