Area Intelligence

ALAM AVENUE-SEK.16 SHAH ALAM

4 properties
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Median Price
RM 1,485,000
PSF: RM 1,043

Commercial Market

Median Price

RM 1,485,000

IQR: RM 358
MAD: RM 171
RM 1,043 PSF 51.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ALAM AVENUE-SEK.16 SHAH ALAM in Petaling, Selangor recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.49 million and a median price per square foot (PSF) of RM 1,043.

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 1.49 million, with most transactions falling within a stable range of RM 1.25 million to RM 1.73 million, and a typical market range of RM 1.20 million to RM 1.77 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 1,043, with core pricing between RM 872 and RM 1,214. Market pricing typically extends from RM 863.50 to RM 1,221.50, reflecting moderate variation in unit pricing. The spread of RM 358.00 (IQR) and deviation of RM 171 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ALAM AVENUE-SEK.16 SHAH ALAM, Petaling, Selangor

OSM

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Transactions

4 properties grouped by size

650 sqft
1 units Single Storey Shop
RM 275,000
JLN SERAI WANGI J 16/J
662 sqft · RM 415.00 PSF
Jan 2021
1,400 sqft
1 units 3-Storey Storey Shop
RM 1,600,000
JLN SERAI WANGI G 16/G
1,410 sqft · RM 1,135.00 PSF
Sep 2022
1,450 sqft
2 units 3-Storey Storey Shop
RM 1,370,000
JALAN SERAI WANGI 16/H
1,442 sqft · RM 950.00 PSF
Jan 2023
RM 1,850,000
JLN SERAI WANGI H 16/H
1,432 sqft · RM 1,292.00 PSF
May 2022