Area Intelligence

SEK. 22, SHAH ALAM

2 properties
Terraced Factory
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Median Price
RM 2,600,000
PSF: RM 961

Commercial Market

Median Price

RM 2,600,000

IQR: RM 474
MAD: RM 253
RM 961 PSF 16.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 22, SHAH ALAM in Petaling, Selangor recorded 2 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 2.60 million and a median price per square foot (PSF) of RM 961.

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 2.60 million, with most transactions falling within a stable range of RM 2.50 million to RM 2.70 million, and a typical market range of RM 2.50 million to RM 2.70 million.

Within the Terraced Factory category, semi-detached factory/warehouse dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 961, with most transactions between RM 924 and RM 998. The usual range is RM 724.00 to RM 1,198.00, showing that most units are priced quite close to each other. With an IQR of RM 474.00 and MAD of RM 37, 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. 22, SHAH ALAM, Petaling, Selangor

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Transactions

2 properties grouped by size

2,700 sqft
2 units Terraced Factory
RM 2,500,000
JLN 22/5
2,706 sqft · RM 924.00 PSF
May 2024
RM 2,700,000
JLN 22/5
2,706 sqft · RM 998.00 PSF
Dec 2022