Area Intelligence

SEK. 23, SHAH ALAM

4 properties
Detached Factory
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Median Price
RM 15,550,000
PSF: RM 219

Commercial Market

Median Price

RM 15,550,000

IQR: RM 888
MAD: RM 127
RM 219 PSF 44.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 23, SHAH ALAM in Petaling, Selangor recorded 4 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 15.55 million and a median price per square foot (PSF) of RM 219.

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 15.55 million, with most transactions falling within a stable range of RM 4.70 million to RM 34.72 million, and a typical market range of RM 13.59 million to RM 17.51 million.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 75 to RM 362 in the core range. The broader market spans RM 0.00 to RM 502.25, indicating diverse property characteristics. A wider spread (IQR: RM 567.50) and deviation (MAD: RM 143) 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

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Transactions

4 properties grouped by size

9,100 sqft
1 units Detached Factory
RM 4,700,000
JLN 23/5
9,104 sqft · RM 516.00 PSF
May 2024
57,050 sqft
1 units Detached Factory
RM 15,000,000
JALAN PASARAN 23/5
57,038 sqft · RM 263.00 PSF
Aug 2024
101,100 sqft
1 units Detached Factory
RM 16,100,000
PERSIARAN PERUSAHAAN
101,093 sqft · RM 159.00 PSF
Mar 2022
315,500 sqft
1 units Detached Factory
RM 55,000,000
PERSIARAN PERUSAHAAN
315,512 sqft · RM 174.00 PSF
Oct 2023