Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM15,550,000
PSF
RM219
Price Size
Period
transactions middle 50% (P25–P75)
9,100 sqft
Factory
RM4,700,000
Jalan 23/5
9,104 sqft · RM516 PSF
57,050 sqft
Factory
RM15,000,000
Jalan Pasaran 23/5
57,038 sqft · RM263 PSF
101,100 sqft
Factory
RM16,100,000
Persiaran Perusahaan
101,093 sqft · RM159 PSF
315,500 sqft
Factory
RM55,000,000
Persiaran Perusahaan
315,512 sqft · RM174 PSF
Legend Recent Highest Price Highest PSF

Selling in Sek. 23, Shah Alam? Homes here sold for a median of RM15,550,000.

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Market Snapshot

Commercial

RM15,550,000

RM219 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 4 Detached Factory properties subsale transactions between 2021 and 2026, with a median price of RM15.55 million and a median price per square foot (PSF) of RM219.

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 RM15.55 million, with most transactions falling within a stable range of RM4.70 million to RM34.72 million, and a typical market range of RM13.37 million to RM17.73 million.

Within the Detached Factory category, semi-detached factory/warehouse dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM219, though individual units vary from RM76 to RM362 in the core range. The broader market spans RM8.03 to RM429.28, indicating diverse property characteristics. A wider spread (IQR: RM421.25) and deviation (MAD: RM143) 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.