ALAM AVENUE-SEK.16 SHAH ALAM
Commercial Market
Median Price
RM 1,370,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
3 properties
Median Price
RM 1,547,500
-20.6% CAGR
Median PSF
RM 1,081.75
-21.7% CAGR
Single Storey Shop
1 properties
Median Price
RM 275,000
Median PSF
RM 415.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 3-Storey Storey Shop | 3 |
RM 1,547,500
±178K MAD
|
-20.58% |
RM 1,081.75
±132 MAD
|
-21.71% | |
| Single Storey Shop | 1 |
RM 275,000
|
- |
RM 415.00
|
- |
ALAM AVENUE-SEK.16 SHAH ALAM in Petaling, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 1.37 million and a median price per square foot (PSF) of RM 950.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 950, with most transactions between RM 950 and RM 950. The usual range is RM 771.00 to RM 1,129.00, showing that most units are priced quite close to each other. With an IQR of RM 358.00 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN SERAI WANGI 16/H
|
RM 1,370,000
|
RM 950.00
|
1,442 sqft
|
Jan 2023
|