Area Intelligence

I - SOVO-SEK.7 SHAH ALAM

3 properties
2022
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Median Price
RM 400,000
PSF: RM 662

Commercial Market

Median Price

RM 400,000

IQR: RM 188
MAD: RM 135
RM 662 PSF 23.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

I - SOVO-SEK.7 SHAH ALAM in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 662.

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 400K, with most transactions falling within a stable range of RM 350K to RM 454K, and a typical market range of RM 350K to RM 475K.

Most transactions involved soho/sofo/sovo, though some variety exists in the market.

Price per square foot shows a median of RM 662, though individual units vary from RM 514 to RM 810 in the core range. The broader market spans RM 568.00 to RM 756.00, indicating diverse property characteristics. The spread of RM 188.00 (IQR) and deviation of RM 148 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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I - SOVO-SEK.7 SHAH ALAM, Petaling, Selangor

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Transactions

3 properties grouped by size

500 sqft
1 units SOHO/SOFO/SOVO
RM 400,000
478 sqft · RM 837.00 PSF
Jan 2022
750 sqft
2 units
RM 350,000
SOHO/SOFO/SOVO
739 sqft · RM 474.00 PSF
Feb 2022
RM 480,000
Office Lot
725 sqft · RM 662.00 PSF
Jan 2022