Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM4,350,000
PSF
RM333
Price Size
Period
transactions middle 50% (P25–P75)
4,450 sqft
3-Sty Shop
RM1,800,000
Pelabur A 23/A
4,456 sqft · RM404 PSF
9,100 sqft
Factory
RM4,700,000
Jalan 23/5
9,104 sqft · RM516 PSF
16,600 sqft
Semi-D Factory
RM4,000,000
Jalan 23/2
16,587 sqft · RM241 PSF
57,050 sqft
Factory
RM15,000,000
Jalan Pasaran 23/5
57,038 sqft · RM263 PSF
Legend Recent Highest Price Highest PSF

Selling in Sek. 23, Shah Alam? Homes here sold for a median of RM4,350,000.

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Market Snapshot

Commercial

RM4,350,000

RM333 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 subsale transactions in 2024, with a median price of RM4.35 million and a median price per square foot (PSF) of RM333.

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 RM4.35 million, with most transactions falling within a stable range of RM1.80 million to RM9.44 million, and a typical market range of RM2.17 million to RM6.53 million.

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

Price per square foot shows a median of RM333, though individual units vary from RM222 to RM445 in the core range. The broader market spans RM122.82 to RM544.08, indicating diverse property characteristics. A wider spread (IQR: RM421.25) and deviation (MAD: RM112) 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.