Area Intelligence

SEKSYEN 22

1 properties

2021

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Median Price

RM 1,200,000

PSF: RM 858

Commercial Market

Median Price

RM 1,200,000

IQR: RM 322

MAD: RM 322

RM 858 PSF 20.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

4-Storey Storey Shop

3 properties

Median Price

RM 2,100,000

+20.5% CAGR

Median PSF

RM 1,501.00

+20.5% CAGR

Office Lot

1 properties

Median Price

RM 1,500,000

Median PSF

RM 389.00

Shop/Retail Lot

1 properties

Median Price

RM 1,150,000

Median PSF

RM 360.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
4-Storey Storey Shop	3	RM 2,100,000 ±900K MAD	+20.51%	RM 1,501.00 ±289 MAD	+20.49%
Office Lot	1	RM 1,500,000	-	RM 389.00	-
Shop/Retail Lot	1	RM 1,150,000	-	RM 360.00	-

SEKSYEN 22 in Petaling, Selangor recorded 1 subsale transactions in 2021, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 858.

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 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 858, with most transactions between RM 858 and RM 858. The usual range is RM 697.25 to RM 1,018.75, showing that most units are priced quite close to each other. With an IQR of RM 321.50 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.