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 70,000 sf for properties and 1,557 sf to 2,322 sf for houses.
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 RM16,800,000 (about RM240 psf) for properties and RM610,000 to RM720,000 (about RM340 psf) for houses; while the monthly rentals are from RM70,000 (about RM1.40 psf) for properties and RM1,700 to RM2,100 (about RM0.92 psf) for houses. The highest median price psf ever recorded was RM460 psf in Q1 2018 (Factory) and RM443 psf in Q4 2016 (House); while the lowest one was RM128 psf in Q3 2013 (Factory) and RM244 psf in Q4 2011 (House).
The current rental yield of Section 16 is 3.46% 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 70,000 sf with a median price of RM240 psf. For price wise, the most expensive one is 70,000 sf with a median price of RM240 psf; while the cheapest one is 70,000 sf with a median price of RM240 psf.
Lastly, the most popular layout and size combination at Section 16 for houses is 4-bedroom / 1,840 sf with a median price of RM340 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 RM310 psf.
Latest Section 16 for sale listings:
Latest Section 16 for rent listings:
|Yesterday||Low-Cost Flat||430 sf||RM850|
|15-Dec-18||Low-Cost Flat||680 sf||RM850|