SHAH ALAM UTAMA

SHAH ALAM UTAMA in Petaling, Selangor recorded 30 subsale transactions in 2023, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 559.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.08 million, with most transactions falling within a stable range of RM 797K to RM 1.35 million, and a typical market range of RM 892K to RM 1.26 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 559, with most transactions between RM 506 and RM 612. The usual range is RM 501.00 to RM 617.00, showing that most units are priced quite close to each other. With an IQR of RM 116.00 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.