Section 16, Shah Alam
Section 16 (also known as Seksyen 16) is a leasehold mixed industrial area located in Shah Alam, Selangor. It comprises Alam d'16, Padang Jawa, Pangsapuri Anggerik Indah and Suria Avenue. The built-up available at this project is 50,000 sf for properties, 1,557 sf to 2,322 sf for houses and 1,400 sf to 12,000 sf for shop-offices.
This mixed industrial area has many amenities nearby, i.e. schools, metro transport stations and universities. The following are some of the main schools here:
- SK Padang Jawa
- SK Shah Alam
- SMK Seksyen 16
- SRA Padang Jawa
The current market prices for Section 16 are from RM590,000 to RM720,000 (about RM330 psf) for houses; while the monthly rentals are from RM70,000 (about RM1.40 psf) for properties, RM1,800 to RM2,100 (about RM0.98 psf) for houses and RM1,500 to RM28,000 (about RM1.00 psf) for shop-offices. The highest median price psf ever recorded was RM460 psf in Q1 2019 (Factory), RM443 psf in Q4 2016 (House) and RM698 psf in Q4 2017 (Shop-Office); while the lowest one was RM128 psf in Q3 2013 (Factory), RM244 psf in Q4 2011 (House) and RM385 psf in Q1 2019 (Shop-Office).
The current rental yield of Section 16 is 4.01% for houses. The highest rental yield ever recorded was 4.03% in Q1 2018 (House); while the lowest one was 2.85% in Q2 2016 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Section 16 for properties is 50,000 sf with a median rental of RM1.40 psf. For rental wise, the most expensive one is 50,000 sf with a median rental of RM1.40 psf; while the cheapest one is 50,000 sf with a median rental of RM1.40 psf.
Meanwhile, the most popular layout and size combination at Section 16 for houses is 4-bedroom / 1,840 sf with a median price of RM330 psf. For price wise, the most expensive one is 4-bedroom / 1,557 sf with a median price of RM440 psf; while the cheapest one is 4-bedroom / 2,116 sf with a median price of RM300 psf.
Meanwhile, the most popular layout and size combination at Section 16 for shop-offices is 1,500 sf with a median rental of RM1.00 psf. For rental wise, the most expensive one is 12,000 sf with a median rental of RM2.33 psf; while the cheapest one is 1,500 sf with a median rental of RM1.00 psf.
Latest Section 16 for sale listings:
|18-Apr-19||Low-Cost Flat||750 sf||RM200,000|
|18-Apr-19||Low-Cost Flat||650 sf||RM142,000|
|17-Apr-19||Low-Cost Flat||650 sf||RM150,000|
|17-Apr-19||Low-Cost Flat||750 sf||RM200,000|
|17-Apr-19||Low-Cost Flat||650 sf||RM148,000|
Latest Section 16 for rent listings:
|15-Apr-19||Room In Apartment||-NA-||RM250|
|13-Apr-19||Room In Apartment||-NA-||RM180|
|13-Apr-19||Room In House||-NA-||RM400|
|12-Apr-19||Room In Apartment||-NA-||RM180|
|12-Apr-19||Room In Apartment||-NA-||RM350|
|12-Apr-19||Room In Apartment||-NA-||RM325|
|12-Apr-19||Room In Apartment||-NA-||RM150|
|12-Apr-19||Room In Apartment||-NA-||RM650|