Area Intelligence

SEK. 23, SHAH ALAM

7 properties
Semi-D Factory
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Median Price
RM 4,900,000
PSF: RM 241

Commercial Market

Median Price

RM 4,900,000

IQR: RM 888
MAD: RM 127
RM 241 PSF 44.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 23, SHAH ALAM in Petaling, Selangor recorded 7 Semi-D Factory properties subsale transactions between 2021 and 2025 for semi-d factory properties, with a median price of RM 4.90 million and a median price per square foot (PSF) of RM 241.

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 4.90 million, with most transactions falling within a stable range of RM 4.00 million to RM 6.39 million, and a typical market range of RM 4.00 million to RM 6.86 million.

Within the Semi-D 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 241, though individual units vary from RM 178 to RM 304 in the core range. The broader market spans RM 0.00 to RM 524.75, indicating diverse property characteristics. A wider spread (IQR: RM 567.50) and deviation (MAD: RM 63) 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

7 properties grouped by size

12,950 sqft
2 units Semi-D Factory
RM 4,900,000
JLN RINGGIT 23/11
12,971 sqft · RM 378.00 PSF
Jan 2022
RM 4,600,000
JALAN 23/11
12,971 sqft · RM 355.00 PSF
Oct 2021
16,600 sqft
2 units Semi-D Factory
RM 4,000,000
JALAN 23/2
16,587 sqft · RM 241.00 PSF
May 2024
RM 4,000,000
JALAN MODAL 23/2
16,587 sqft · RM 241.00 PSF
Sep 2021
22,850 sqft
1 units Semi-D Factory
RM 5,200,000
JALAN MODAL 23/2
22,841 sqft · RM 228.00 PSF
Oct 2021
23,100 sqft
1 units Semi-D Factory
RM 5,100,000
JALAN MODAL 23/2
23,121 sqft · RM 221.00 PSF
Aug 2021
25,850 sqft
1 units Semi-D Factory
RM 8,700,000
JALAN SAHAM 23/3
25,844 sqft · RM 337.00 PSF
Dec 2023