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, 1,800 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 RM16,800,000 (about RM240 psf) for properties and RM590,000 to RM700,000 (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 RM1.00 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 RM389 psf in Q1 2019 (Shop-Office).
The current rental yield of Section 16 is 3.31% for houses. The highest rental yield ever recorded was 4.34% in Q2 2019 (House); while the lowest one was 2.74% in Q3 2017 (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.
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 / 1,840 sf with a median price of RM330 psf; while the cheapest one is 4-bedroom / 2,116 sf with a median price of RM280 psf.
Lastly, 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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Low-Cost Flat | 657 sf | RM140,000 |
| Today | Low-Cost Flat | 650 sf | RM108,000 |
| Today | Terrace | -NA- | RM567,000 |
| Today | Low-Cost Flat | 650 sf | RM106,000 |
| Yesterday | SOHO | 431 sf | RM330,000 |
| Yesterday | Terrace | 2,060 sf | RM630,000 |
| 24-Aug-19 | Retail | 4,200 sf | RM2,500,000 |
| 24-Aug-19 | Retail | 850 sf | RM288,000 |
| 21-Aug-19 | Condominium | 430 sf | RM255,000 |
| 21-Aug-19 | Condominium | 2,614 sf | RM930,000 |
Latest Section 16 for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 1,183 sf | RM1,500 |
| Today | Room In Apartment | -NA- | RM350 |
| Yesterday | Room In Apartment | -NA- | RM600 |
| Yesterday | Room In Shop-House | -NA- | RM270 |
| Yesterday | Room In Apartment | -NA- | RM350 |
| Today | Shop-Office | 1,300 sf | RM3,300 |
| 23-Aug-19 | Room In Apartment | -NA- | RM400 |
| 22-Aug-19 | Condominium | 431 sf | RM1,100 |
| 22-Aug-19 | Room In Apartment | -NA- | RM370 |
| 21-Aug-19 | Condominium | 1,119 sf | RM1,200 |
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