Area Intelligence

SEK. 2 SHAH ALAM

8 properties
2024
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Median Price
RM 410,000
PSF: RM 239

Residential Market

Median Price

RM 410,000

IQR: RM 81
MAD: RM 42
RM 239 PSF 6.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 2 SHAH ALAM in Petaling, Selangor recorded 8 subsale transactions in 2024, with a median price of RM 410K and a median price per square foot (PSF) of RM 239.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 370K to RM 622K, and a typical market range of RM 370K to RM 605K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 239, though individual units vary from RM 187 to RM 291 in the core range. The broader market spans RM 198.50 to RM 279.50, indicating diverse property characteristics. The spread of RM 81.00 (IQR) and deviation of RM 52 (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.

Area Location

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SEK. 2 SHAH ALAM, Petaling, Selangor

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Transactions

8 properties grouped by size

1,550 sqft
2 units Single Storey Terraced
RM 400,000
JLN BUNGA MELATI 2/2
1,553 sqft · RM 258.00 PSF
May 2024
RM 420,000
JLN BUNGA MELATI 2/2
1,542 sqft · RM 272.00 PSF
Apr 2024
1,750 sqft
1 units Single Storey Terraced
RM 370,000
JLN BUNGA TERATAI 2/14
1,744 sqft · RM 212.00 PSF
Jun 2024
1,800 sqft
4 units Single Storey Terraced
RM 400,000
JALAN BUNGA KEKWA 2/12
1,776 sqft · RM 225.00 PSF
Nov 2024
RM 400,000
JLN BUNGA TANJUNG 2/16
1,809 sqft · RM 221.00 PSF
Oct 2024
RM 450,000
JLN BUNGA KEKWA 2/12
1,776 sqft · RM 253.00 PSF
Jun 2024
RM 550,000
BUNGA TANJUNG 2/16
1,776 sqft · RM 310.00 PSF
May 2024
8,600 sqft
1 units Detached
RM 1,050,000
JLN BUNGA MELATI 2/2
8,579 sqft · RM 122.00 PSF
Apr 2024