Area Intelligence

SEK. 23, SHAH ALAM

15 properties
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Median Price
RM 4,700,000
PSF: RM 337

Commercial Market

Median Price

RM 4,000,000

IQR: RM 888
MAD: RM 127
RM 355 PSF 44.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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SEK. 23, SHAH ALAM, Petaling, Selangor

OSM

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Transactions

15 properties found

3-Storey Storey Shop PELABUR A 23/A
RM 1,800,000
1,539 sqft Mar 2025
RM 1,169.00 PSF
Detached Factory JALAN PASARAN 23/5
RM 15,000,000
57,038 sqft Aug 2024
RM 263.00 PSF
Detached Factory JLN 23/5
RM 4,700,000
9,104 sqft May 2024
RM 516.00 PSF
Semi-D Factory JALAN 23/2
RM 4,000,000
16,587 sqft May 2024
RM 241.00 PSF
3-Storey Storey Shop PELABUR A 23/A
RM 1,800,000
1,539 sqft Apr 2024
RM 1,169.00 PSF
Semi-D Factory JALAN SAHAM 23/3
RM 8,700,000
25,844 sqft Dec 2023
RM 337.00 PSF
Detached Factory PERSIARAN PERUSAHAAN
RM 55,000,000
315,512 sqft Oct 2023
RM 174.00 PSF
3-Storey Storey Shop JLN PELABUR A23/A
RM 1,675,000
1,539 sqft Feb 2023
RM 1,088.00 PSF
3-Storey Storey Shop JLN PELABUR B23/B
RM 2,050,000
1,539 sqft Jul 2022
RM 1,332.00 PSF
Detached Factory PERSIARAN PERUSAHAAN
RM 16,100,000
101,093 sqft Mar 2022
RM 159.00 PSF
Semi-D Factory JLN RINGGIT 23/11
RM 4,900,000
12,971 sqft Jan 2022
RM 378.00 PSF
Semi-D Factory JALAN 23/11
RM 4,600,000
12,971 sqft Oct 2021
RM 355.00 PSF
Semi-D Factory JALAN MODAL 23/2
RM 5,200,000
22,841 sqft Oct 2021
RM 228.00 PSF
Semi-D Factory JALAN MODAL 23/2
RM 4,000,000
16,587 sqft Sep 2021
RM 241.00 PSF
Semi-D Factory JALAN MODAL 23/2
RM 5,100,000
23,121 sqft Aug 2021
RM 221.00 PSF