Sek. 23, Shah Alam

Seksyen 23, 40300 Shah Alam, Selangor, Malaysia

Property Transactions

16 subsales grouped by 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
RM1,800,000
Pelabur A 23/A
4,456 sqft · RM404 PSF
RM1,675,000
Jalan Pelabur A23/A
4,456 sqft · RM376 PSF
RM2,050,000
Jalan Pelabur B23/B
4,456 sqft · RM460 PSF
9,100 sqft
Factory
RM4,700,000
Jalan 23/5
9,104 sqft · RM516 PSF
12,950 sqft
Semi-D Factory
RM4,900,000
Jalan Ringgit 23/11
12,971 sqft · RM378 PSF
RM4,600,000
Jalan 23/11
12,971 sqft · RM355 PSF
16,600 sqft
Semi-D Factory
RM4,000,000
Jalan 23/2
16,587 sqft · RM241 PSF
RM4,000,000
Jalan Modal 23/2
16,587 sqft · RM241 PSF
18,450 sqft
Semi-D Factory
RM7,600,000
Jalan Ringgit 23/11
18,439 sqft · RM412 PSF
22,850 sqft
Semi-D Factory
RM5,200,000
Jalan Modal 23/2
22,841 sqft · RM228 PSF
23,100 sqft
Semi-D Factory
RM5,100,000
Jalan Modal 23/2
23,121 sqft · RM221 PSF
25,850 sqft
Semi-D Factory
RM8,700,000
Jalan Saham 23/3
25,844 sqft · RM337 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

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Market Snapshot

Commercial

RM4,300,000

RM367 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 16 subsale transactions between 2021 and 2026, with a median price of RM4.80 million and a median price per square foot (PSF) of RM355.

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 RM4.80 million, with most transactions falling within a stable range of RM2.03 million to RM7.58 million, and a typical market range of RM2.62 million to RM6.98 million.

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

Price per square foot shows a median of RM355, though individual units vary from RM233 to RM476 in the core range. The broader market spans RM144.02 to RM565.28, indicating diverse property characteristics. A wider spread (IQR: RM421.25) and deviation (MAD: RM122) 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.