Area Intelligence

SEK. 16, SHAH ALAM

14 properties
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Median Price
RM 15,758,000
PSF: RM 261

Commercial Market

Median Price

RM 5,550,000

IQR: RM 37
MAD: RM 8
RM 351 PSF 2.8%

PSF Trends (2021-2025)

SEK. 16, SHAH ALAM in Petaling, Selangor recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 15.76 million and a median price per square foot (PSF) of RM 261.

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 15.76 million, with most transactions falling within a stable range of RM 10.66 million to RM 20.86 million, and a typical market range of RM 11.61 million to RM 19.91 million.

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

The median PSF stands at RM 261, with core pricing between RM 227 and RM 295. Market pricing typically extends from RM 222.00 to RM 299.00, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 34, 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. 16, SHAH ALAM, Petaling, Selangor

OSM

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Transactions

14 properties found

Terraced Factory JLN JEMUJU EMPAT 16/13D
RM 1,400,000
3,900 sqft Jun 2024
RM 359.00 PSF
Detached Factory JLN DAWAI 16/2
RM 7,000,000
28,299 sqft Apr 2024
RM 247.00 PSF
Detached Factory JALAN PAHAT 16/8A
RM 15,800,000
66,998 sqft Mar 2024
RM 236.00 PSF
Semi-D Factory JLN PAKU 16/6
RM 5,800,000
20,299 sqft Jan 2024
RM 286.00 PSF
Detached Factory JLN GUDANG 16/9
RM 11,800,000
42,999 sqft Dec 2023
RM 274.00 PSF
Detached Factory PRSN RAJA MUDA
RM 41,000,000
261,511 sqft Nov 2023
RM 157.00 PSF
Detached Factory JLN GUDANG 16/9
RM 12,184,000
43,099 sqft Aug 2023
RM 283.00 PSF
Detached Factory JLN GUDANG 16/9
RM 15,716,000
55,598 sqft Aug 2023
RM 283.00 PSF
Detached Factory JLN HALBA 16/16
RM 22,000,000
123,333 sqft Feb 2023
RM 178.00 PSF
Detached Factory JLN HALBA SATU 16/16A
RM 16,500,000
66,736 sqft Jan 2023
RM 247.00 PSF
Detached Factory PRSN RAJA MUDA
RM 41,000,000
261,511 sqft Nov 2022
RM 157.00 PSF
Detached Factory JLN LADA HITAM 16/12
RM 16,500,000
54,498 sqft Dec 2021
RM 303.00 PSF
Semi-D Factory LADA HITAM 16/12
RM 5,550,000
15,823 sqft Nov 2021
RM 351.00 PSF
Detached Factory JLN LADA HITAM 16/12
RM 16,000,000
80,320 sqft Oct 2021
RM 199.00 PSF