SEK. 16, SHAH ALAM
Commercial Market
Median Price
RM 16,108,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached Factory
11 properties
Median Price
RM 16,179,000
-11.1% CAGR
Median PSF
RM 246.25
-1.3% CAGR
Semi-D Factory
3 properties
Median Price
RM 5,550,000
+1.5% CAGR
Median PSF
RM 286.00
-6.6% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 2,000,000
Median PSF
RM 1,337.00
Terraced Factory
1 properties
Median Price
RM 1,400,000
Median PSF
RM 359.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Detached Factory | 11 |
RM 16,179,000
±2,425K MAD
|
-11.14% |
RM 246.25
±10 MAD
|
-1.28% | |
| Semi-D Factory | 3 |
RM 5,550,000
±250K MAD
|
+1.48% |
RM 286.00
±65 MAD
|
-6.60% | |
| 3-Storey Storey Shop | 2 |
RM 2,000,000
|
- |
RM 1,337.00
|
- | |
| Terraced Factory | 1 |
RM 1,400,000
|
- |
RM 359.00
|
- |
SEK. 16, SHAH ALAM in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 16.11 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 16.11 million, with most transactions falling within a stable range of RM 11.80 million to RM 26.14 million, and a typical market range of RM 11.96 million to RM 20.26 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 210 and RM 311. Market pricing typically extends from RM 222.00 to RM 299.00, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 51 (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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN GUDANG 16/9
|
RM 11,800,000
|
RM 274.00
|
42,999 sqft
|
Dec 2023
|
|
JLN GUDANG 16/9
|
RM 12,184,000
|
RM 283.00
|
43,099 sqft
|
Aug 2023
|
|
JLN GUDANG 16/9
|
RM 15,716,000
|
RM 283.00
|
55,598 sqft
|
Aug 2023
|
|
JLN HALBA SATU 16/16A
|
RM 16,500,000
|
RM 247.00
|
66,736 sqft
|
Jan 2023
|
|
JLN HALBA 16/16
|
RM 22,000,000
|
RM 178.00
|
123,333 sqft
|
Feb 2023
|
|
PRSN RAJA MUDA
|
RM 41,000,000
|
RM 157.00
|
261,511 sqft
|
Nov 2023
|