ALAM AVENUE-SEK.16 SHAH ALAM
Commercial Market
Median Price
RM 1,600,000
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 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 1,135.
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 1.60 million, with most transactions falling within a stable range of RM 1.40 million to RM 1.80 million, and a typical market range of RM 1.37 million to RM 1.85 million.
Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.
The median PSF stands at RM 1,135, with core pricing between RM 995 and RM 1,275. Market pricing typically extends from RM 956.00 to RM 1,314.00, reflecting moderate variation in unit pricing. With an IQR of RM 358.00 and MAD of RM 140, 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
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN SERAI WANGI G 16/G
|
RM 1,600,000
|
RM 1,135.00
|
1,410 sqft
|
Sep 2022
|
JALAN SERAI WANGI 16/H
|
RM 1,370,000
|
RM 950.00
|
1,442 sqft
|
Jan 2023
|
|
JLN SERAI WANGI H 16/H
|
RM 1,850,000
|
RM 1,292.00
|
1,432 sqft
|
May 2022
|