Area Intelligence

SEK. 15, SHAH ALAM

6 properties
3-Storey Storey Shop
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Median Price
RM 1,900,000
PSF: RM 1,139

Commercial Market

Median Price

RM 1,900,000

IQR: RM 788
MAD: RM 389
RM 1,139 PSF 27.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 15, SHAH ALAM in Petaling, Selangor recorded 6 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.90 million and a median price per square foot (PSF) of RM 1,139.

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 1.90 million, with most transactions falling within a stable range of RM 1.80 million to RM 2.13 million, and a typical market range of RM 1.80 million to RM 2.48 million.

Within the 3-Storey Storey Shop category, semi-detached factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 1,139, with most transactions between RM 1,061 and RM 1,216. The usual range is RM 730.25 to RM 1,546.75, showing that most units are priced quite close to each other. With an IQR of RM 816.50 and MAD of RM 77, 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.

Area Location

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SEK. 15, SHAH ALAM, Petaling, Selangor

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Transactions

6 properties grouped by size

1,650 sqft
5 units 3-Storey Storey Shop
RM 1,850,000
JLN TUKUL P 15/P
1,647 sqft · RM 1,123.00 PSF
Jul 2024
RM 1,800,000
JLN TUKUL N15/N
1,647 sqft · RM 1,093.00 PSF
Feb 2023
RM 1,900,000
JLN TUKUL N 15/N
1,647 sqft · RM 1,154.00 PSF
Aug 2022
RM 1,930,000
JLN TUKUL P 15/P
1,647 sqft · RM 1,172.00 PSF
Feb 2022
RM 1,900,000
JLN TUKUL P 15/P
1,647 sqft · RM 1,154.00 PSF
Jan 2022
2,650 sqft
1 units 3-Storey Storey Shop
RM 2,480,000
JLN UTAS 15/D
2,626 sqft · RM 944.00 PSF
Dec 2022