SEK. 23, SHAH ALAM
Commercial Market
Median Price
RM 4,000,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Semi-D Factory
7 properties
Median Price
RM 4,875,000
-6.2% CAGR
Median PSF
RM 289.00
+0.9% CAGR
3-Storey Storey Shop
4 properties
Median Price
RM 1,800,000
-4.2% CAGR
Median PSF
RM 1,169.00
-4.3% CAGR
Detached Factory
4 properties
Median Price
RM 16,100,000
-21.8% CAGR
Median PSF
RM 174.00
+56.5% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Semi-D Factory | 7 |
RM 4,875,000
±450K MAD
|
-6.22% |
RM 289.00
±51 MAD
|
+0.92% | |
| 3-Storey Storey Shop | 4 |
RM 1,800,000
±63K MAD
|
-4.24% |
RM 1,169.00
±41 MAD
|
-4.26% | |
| Detached Factory | 4 |
RM 16,100,000
±6,250K MAD
|
-21.78% |
RM 174.00
±15 MAD
|
+56.51% |
SEK. 23, SHAH ALAM in Petaling, Selangor recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 4.70 million and a median price per square foot (PSF) of RM 337.
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 4.70 million, with most transactions falling within a stable range of RM 2.05 million to RM 7.35 million, and a typical market range of RM 2.74 million to RM 6.66 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM 337, though individual units vary from RM 221 to RM 453 in the core range. The broader market spans RM 53.25 to RM 620.75, indicating diverse property characteristics. A wider spread (IQR: RM 567.50) and deviation (MAD: RM 116) indicate significant PSF variations, likely due to diverse property types or conditions.
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
15 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
PELABUR A 23/A
|
RM 1,800,000
|
RM 1,169.00
|
1,539 sqft
|
Mar 2025
|
|
|
PELABUR A 23/A
|
RM 1,800,000
|
RM 1,169.00
|
1,539 sqft
|
Apr 2024
|
|
|
JLN PELABUR A23/A
|
RM 1,675,000
|
RM 1,088.00
|
1,539 sqft
|
Feb 2023
|
|
|
JLN PELABUR B23/B
|
RM 2,050,000
|
RM 1,332.00
|
1,539 sqft
|
Jul 2022
|
|
JLN 23/5
|
RM 4,700,000
|
RM 516.00
|
9,104 sqft
|
May 2024
|
|
JLN RINGGIT 23/11
|
RM 4,900,000
|
RM 378.00
|
12,971 sqft
|
Jan 2022
|
|
|
JALAN 23/11
|
RM 4,600,000
|
RM 355.00
|
12,971 sqft
|
Oct 2021
|
|
JALAN 23/2
|
RM 4,000,000
|
RM 241.00
|
16,587 sqft
|
May 2024
|
|
|
JALAN MODAL 23/2
|
RM 4,000,000
|
RM 241.00
|
16,587 sqft
|
Sep 2021
|
|
JALAN MODAL 23/2
|
RM 5,200,000
|
RM 228.00
|
22,841 sqft
|
Oct 2021
|
|
JALAN MODAL 23/2
|
RM 5,100,000
|
RM 221.00
|
23,121 sqft
|
Aug 2021
|
|
JALAN SAHAM 23/3
|
RM 8,700,000
|
RM 337.00
|
25,844 sqft
|
Dec 2023
|
|
JALAN PASARAN 23/5
|
RM 15,000,000
|
RM 263.00
|
57,038 sqft
|
Aug 2024
|
|
PERSIARAN PERUSAHAAN
|
RM 16,100,000
|
RM 159.00
|
101,093 sqft
|
Mar 2022
|
|
PERSIARAN PERUSAHAAN
|
RM 55,000,000
|
RM 174.00
|
315,512 sqft
|
Oct 2023
|