Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

2 subsales found

Median
RM4,750,000
PSF
RM366
Price Size
Period
transactions middle 50% (P25–P75)
RM4,900,000
Jalan Ringgit 23/11
12,971 sqft RM378 PSF
RM4,600,000
Jalan 23/11
12,971 sqft RM355 PSF
Legend Recent Highest Price Highest PSF

Selling in Sek. 23, Shah Alam? Homes here sold for a median of RM4,750,000.

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Market Snapshot

Commercial

RM4,750,000

RM366 psf

Median transaction price

Sek. 23, Shah Alam
© OpenStreetMap · CARTO

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Maps

Sek. 23, Shah Alam in Petaling, Selangor recorded 2 subsale transactions between 2021 and 2026, sized between 12,925 and 12,974 sqft, with a median price of RM4.75 million and a median price per square foot (PSF) of RM366.

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 RM4.75 million, with most transactions falling within a stable range of RM4.60 million to RM4.90 million, and a typical market range of RM4.60 million to RM4.90 million.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM366, with most transactions between RM355 and RM378. The usual range is RM155.60 to RM576.85, showing that most units are priced quite close to each other. With an IQR of RM421.25 and MAD of RM12, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.