Area Intelligence

SEK. 16, SHAH ALAM

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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 0 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

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