Sek. 16, Shah Alam

Seksyen 16, 40200 Shah Alam, Selangor, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM16,108,000
PSF
RM261
Price Size
Period
transactions middle 50% (P25–P75)
43,000 sqft
Factory
RM11,800,000
Jalan Gudang 16/9
42,999 sqft · RM274 PSF
43,100 sqft
Factory
RM12,184,000
Jalan Gudang 16/9
43,099 sqft · RM283 PSF
55,600 sqft
Factory
RM15,716,000
Jalan Gudang 16/9
55,598 sqft · RM283 PSF
66,750 sqft
Factory
RM16,500,000
Jalan Halba Satu 16/16A
66,736 sqft · RM247 PSF
123,350 sqft
Factory
RM22,000,000
Jalan Halba 16/16
123,333 sqft · RM178 PSF
261,500 sqft
Factory
RM41,000,000
Prsn Raja Muda
261,511 sqft · RM157 PSF
Legend Recent Highest Price Highest PSF

Selling in Sek. 16, Shah Alam? Homes here sold for a median of RM16,108,000.

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Market Snapshot

Commercial

RM16,108,000

RM261 psf

Median transaction price

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Seksyen 16, 40200 Shah Alam, Selangor, Malaysia

Maps

Sek. 16, Shah Alam in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM16.11 million and a median price per square foot (PSF) of RM261.

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 RM16.11 million, with most transactions falling within a stable range of RM11.80 million to RM26.14 million, and a typical market range of RM11.80 million to RM22.50 million.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM261, with core pricing between RM210 and RM312. Market pricing typically extends from RM199.83 to RM321.83, reflecting moderate variation in unit pricing. The spread of RM122.00 (IQR) and deviation of RM51 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.