Sek. 23, Shah Alam
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
| LIST.MY · Sek. 23, Shah Alam | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2022 | |||||
|
Jalan Pelabur B23/B
|
RM2,050,000
|
RM460
|
4,456 sqft
|
|
3-Sty Shop |
|
Persiaran Perusahaan
|
RM16,100,000
|
RM159
|
101,093 sqft
|
|
Factory |
|
Jalan Ringgit 23/11
|
RM4,900,000
|
RM378
|
12,971 sqft
|
|
Semi-D Factory |
Selling in Sek. 23, Shah Alam? Homes here sold for a median of RM4,900,000.
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Sek. 23, Shah Alam
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bandar Shah Alam
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Market Snapshot
CommercialRM4,900,000
RM378 psfMedian transaction price
Seksyen 23, 40300 Shah Alam, Selangor, Malaysia
MapsSek. 23, Shah Alam in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM4.90 million and a median price per square foot (PSF) of RM378.
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 RM4.90 million, with most transactions falling within a stable range of RM2.05 million to RM10.96 million, and a typical market range of RM2.72 million to RM7.08 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM378, though individual units vary from RM251 to RM505 in the core range. The broader market spans RM167.15 to RM588.41, indicating diverse property characteristics. A wider spread (IQR: RM421.25) and deviation (MAD: RM127) indicate significant PSF variations, likely due to diverse property types or conditions.
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.