Area Intelligence

SEK. 23, SHAH ALAM

4 properties
3-Storey Storey Shop
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Median Price
RM 1,800,000
PSF: RM 1,169

Commercial Market

Median Price

RM 1,800,000

IQR: RM 888
MAD: RM 127
RM 1,169 PSF 44.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 23, SHAH ALAM in Petaling, Selangor recorded 4 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 1,169.

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 1.80 million, with most transactions falling within a stable range of RM 1.68 million to RM 1.94 million, and a typical market range of RM 1.68 million to RM 2.05 million.

Within the 3-Storey Storey Shop category, semi-detached factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 1,169, with most transactions between RM 1,080 and RM 1,258. The usual range is RM 885.25 to RM 1,452.75, showing that most units are priced quite close to each other. With an IQR of RM 567.50 and MAD of RM 89, 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. 23, SHAH ALAM, Petaling, Selangor

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Transactions

4 properties grouped by size

1,550 sqft
4 units 3-Storey Storey Shop
RM 1,800,000
PELABUR A 23/A
1,539 sqft · RM 1,169.00 PSF
Mar 2025
RM 1,800,000
PELABUR A 23/A
1,539 sqft · RM 1,169.00 PSF
Apr 2024
RM 1,675,000
JLN PELABUR A23/A
1,539 sqft · RM 1,088.00 PSF
Feb 2023
RM 2,050,000
JLN PELABUR B23/B
1,539 sqft · RM 1,332.00 PSF
Jul 2022