Area Intelligence

SEK. 28, SHAH ALAM

3 properties
2023
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Median Price
RM 1,400,000
PSF: RM 795

Commercial Market

Median Price

RM 1,400,000

IQR: RM 142
MAD: RM 113
RM 795 PSF 1.5%

PSF Trends (2021-2025)

SEK. 28, SHAH ALAM in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 795.

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 1.40 million, with most transactions falling within a stable range of RM 1.07 million to RM 1.50 million, and a typical market range of RM 1.24 million to RM 1.50 million.

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

Price per square foot shows a median of RM 795, though individual units vary from RM 606 to RM 984 in the core range. The broader market spans RM 724.00 to RM 866.00, indicating diverse property characteristics. The spread of RM 142.00 (IQR) and deviation of RM 189 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SEK. 28, SHAH ALAM, Petaling, Selangor

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Transactions

3 properties grouped by size

1,750 sqft
3 units Double Storey Shop
RM 750,000
JALAN LABU 28/23
1,760 sqft · RM 426.00 PSF
Oct 2023
RM 1,400,000
JLN PULAU KEMPAS 28/3
1,760 sqft · RM 795.00 PSF
Mar 2023
RM 1,500,000
JLN PULAU KEMPAS 28/3
1,760 sqft · RM 852.00 PSF
Jan 2023