Factory Prices, Rents & Land Transactions in Shah Alam (July 2026)
79 industrial properties changed hands in Shah Alam in the 12 months to July 2026, worth RM385.96 million in total. Median transacted prices over the last 24 months: terrace factory RM1.13 million, semi-detached factory RM5.9 million, detached factory RM16 million, industrial land RM210 psf. Registered factory rents: median RM1.73 psf/month. Every figure is computed from JPPH-registered transfers and tenancies, not asking prices.
Key takeaways
- 79 industrial deals worth RM385.96 million were registered in Shah Alam in the 12 months to July 2026.
- Median prices (last 24 months): terrace factory RM1.13 million, semi-detached factory RM5.9 million, detached factory RM16 million, industrial land RM210 psf.
- Registered factory tenancies in Shah Alam (115 in 24 months) rent at a median RM1.73 psf/month: terrace factories RM1.79 psf/month, detached factories RM1.55 psf/month, semi-detached factories RM2.12 psf/month.
- Like for like (same industrial park, same type), terrace factory prices moved -2% year on year, measured across 6 parks and 34 recent deals.
- Most active industrial park: Temasya Industrial Park (23 deals in 24 months).
- The two most recent quarters are provisional: transfers are lodged with JPPH weeks to months after signing, so their counts will still rise.
What the numbers mean
For a buyer or tenant, the clearest signal in Shah Alam is that factory prices depend heavily on type. Terrace factories recorded a median price of RM1.13 million, with a typical range of RM850,000 to RM1.8 million, while semi-detached factories had a median of RM5.9 million and detached factories RM16 million. Industrial land had a median of RM20.77 million. Factory built-up pricing here sits at RM637 psf against RM638 psf in Petaling District, 0% higher, but industrial land is RM210 psf against RM99 psf, 112% higher.
Like-for-like, terrace factory prices moved -2% across 6 parks, roughly flat, while semi-detached factory prices fell -21% across 5 parks. Registered factory tenancies over 24 months numbered 115, with a median rent of RM1.73 psf/month and a typical term of 24 months. Terrace factory rent was RM1.79 psf/month, semi-detached RM2.12 psf/month and detached RM1.55 psf/month. Factory rent here is RM1.73 psf/month against RM1.97 psf/month in Petaling District, 12% lower.
Transacted prices by factory type in Shah Alam (last 24 months)
| Type | Deals | Median price | Typical range (P25 to P75) | Median built-up (sq ft) | Built-up psf | Land psf |
|---|---|---|---|---|---|---|
| Terrace factory | 74 | RM1.13 million | RM850,000 – RM1.8 million | 2,708 | RM489 | RM486 |
| Semi-detached factory | 69 | RM5.9 million | RM4.5 million – RM6.95 million | 7,036 | RM818 | RM519 |
| Detached factory | 17 | RM16 million | RM13.64 million – RM35 million | 27,639 | RM747 | RM275 |
| Industrial land | 6 | RM20.77 million | RM19.94 million – RM36.1 million | · | · | RM210 |
Built-up psf = price ÷ main floor area. Land psf = price ÷ land area, the usual yardstick for detached and semi-detached factories that sit on large plots.
Registered factory rents in Shah Alam (last 24 months)
| Type | Tenancies | Median rent psf/month | Typical range | Median monthly rent | Median size (sq ft) |
|---|---|---|---|---|---|
| Terrace factory | 44 | RM1.79 | RM1.42 – RM2.29 | RM4,400 | 2,400 |
| Semi-detached factory | 24 | RM2.12 | RM1.49 – RM2.78 | RM17,300 | 8,810 |
| Detached factory | 32 | RM1.55 | RM1.04 – RM1.83 | RM13,900 | 10,960 |
| Stratified factory | 13 | RM2.09 | RM1.27 – RM3.40 | RM5,300 | 2,630 |
From 115 tenancies registered with JPPH to July 2026. Rent is per sq ft of rented floor area per month. Typical tenancy term: 24 months.
Rent by factory size
| Size | Tenancies | Median psf/month | Median monthly rent |
|---|---|---|---|
| Under 3,000 sq ft | 46 | RM2.03 | RM4,000 |
| 3,000 to 10,000 sq ft | 39 | RM1.74 | RM8,000 |
| 10,000 to 30,000 sq ft | 19 | RM1.63 | RM23,000 |
| 30,000 to 60,000 sq ft | 7 | RM1.39 | RM59,400 |
| 60,000 sq ft and above | 4 | · | · |
Industrial parks with the most registered tenancies
| Industrial park | Tenancies (24 months) | Median rent psf/month |
|---|---|---|
| Shah Alam | 9 | RM1.27 |
| Kota Kemuning, Seksyen 31 Shah Alam | 6 | RM1.88 |
| Hicom-Glenmarie Industrial Park | 5 | RM1.50 |
Deals per quarter in Shah Alam
| Quarter | Deals | Total value | Median factory psf (built-up) | Median land psf |
|---|---|---|---|---|
| Q3 2026* | 0 | · | · | · |
| Q2 2026* | 22 | RM98.01 million | RM553 | · |
| Q1 2026 | 15 | RM65.72 million | RM684 | · |
| Q4 2025 | 27 | RM143.15 million | RM652 | · |
| Q3 2025 | 18 | RM129.18 million | RM592 | · |
| Q2 2025 | 19 | RM156.68 million | RM643 | · |
| Q1 2025 | 21 | RM136.18 million | RM634 | · |
| Q4 2024 | 23 | RM724.1 million | RM614 | · |
| Q3 2024 | 27 | RM298.5 million | RM721 | · |
| Q2 2024 | 31 | RM180.6 million | RM612 | · |
| Q1 2024 | 27 | RM759.63 million | RM672 | · |
| Q4 2023 | 38 | RM377.81 million | RM643 | · |
* Provisional (still being lodged)
Year by year in Shah Alam
| Year | Deals | Total value | Terrace factory | Semi-detached factory | Detached factory | Median land psf |
|---|---|---|---|---|---|---|
| 2026(to date) | 37 | RM163.74 million | RM1.02 million | RM6 million | · | · |
| 2025 | 85 | RM565.18 million | RM1.2 million | RM6.03 million | RM13.64 million | · |
| 2024 | 108 | RM1.96 billion | RM1.09 million | RM4.95 million | RM17.85 million | RM215 |
| 2023 | 116 | RM892.26 million | RM970,000 | RM6 million | RM16.11 million | · |
| 2022 | 85 | RM517.98 million | RM1.53 million | RM5.1 million | RM20.5 million | · |
| 2021 | 101 | RM627.11 million | RM978,000 | RM4.78 million | RM16 million | · |
Most active industrial parks in Shah Alam
| Industrial park | Deals (24 months) | Main type | Median factory price | Factory psf | Land psf |
|---|---|---|---|---|---|
| Temasya Industrial Park | 23 | Semi-detached factory | RM6.85 million | RM982 | · |
| Bukit Jelutong | 22 | Semi-detached factory | RM6.25 million | RM1,014 | · |
| Bukit Kemuning Light Industrial Park | 21 | Terrace factory | RM840,000 | RM363 | · |
| Kota Kemuning Industrial Park | 20 | Terrace factory | RM1.85 million | RM652 | · |
| Shah Alam Technology Park | 18 | Terrace factory | RM1.1 million | RM387 | · |
| Seksyen 27, Shah Alam | 11 | Terrace factory | RM2.1 million | RM587 | · |
| Seksyen 26, Shah Alam | 10 | Semi-detached factory | RM4.9 million | RM931 | · |
| Seksyen 16, Shah Alam | 9 | Semi-detached factory | RM3.47 million | RM478 | · |
| Seksyen 15, Shah Alam | 6 | Semi-detached factory | RM15.3 million | RM787 | · |
| Kota Kemuning | 6 | Terrace factory | RM2 million | RM601 | · |
| Nouvelle Kemuning Industrial Park | 5 | Semi-detached factory | RM4.08 million | RM634 | · |
| Seksyen 23, Shah Alam | 3 | Detached factory | · | · | · |
| Seksyen 35, Shah Alam | 3 | Semi-detached factory | · | · | · |
What a factory costs by size
| Built-up size | Deals | Median price | Median psf |
|---|---|---|---|
| Under 3,000 sq ft | 51 | RM1 million | RM411 |
| 3,000 to 10,000 sq ft | 75 | RM4.59 million | RM684 |
| 10,000 to 30,000 sq ft | 27 | RM12.09 million | RM558 |
| 30,000 to 60,000 sq ft | 3 | · | · |
| 60,000 sq ft and above | 6 | RM48.33 million | RM684 |
Freehold vs leasehold
| Tenure | Deals (24 months) | Median factory psf (built-up) |
|---|---|---|
| Freehold | 139 | RM634 |
| Leasehold | 23 | RM648 |
Deals by price band (last 24 months)
| Price band | Deals |
|---|---|
| Under RM1 million | 28 |
| RM1 million to RM2 million | 32 |
| RM2 million to RM5 million | 39 |
| RM5 million to RM10 million | 34 |
| RM10 million to RM20 million | 22 |
| RM20 million and above | 13 |
Asking vs transacted
Live listings for factories in Shah Alam ask a median RM662 psf of built-up (138 listings), while registered deals in Shah Alam over the last 12 months closed at a median RM624 psf. Listings skew towards newer and larger units, so part of the gap is mix, not discount. Factories listed for rent in Shah Alam ask a median RM2.20 psf/month (91 listings); registered tenancies in Shah Alam were signed at a median RM1.73. Asking-price index (live listings) →
How these figures are calculated
Download this page's aggregate data (CSV)
- Source: industrial property transfers registered with JPPH (Jabatan Penilaian dan Perkhidmatan Harta), the government valuation department. Industrial buildings plus vacant industrial lots and land approved for industrial development.
- Coverage: January 2021 to July 2026. The 12-month window is August 2025 to July 2026. The 24-month window is used for the breakdown tables so each figure has enough deals.
- A transfer lodged on several titles at one price is counted once, with the areas added up. Nominal transfers under RM150,000 and implausible prices per sq ft are removed before any median is calculated.
- Figures are medians, with the typical range shown as the 25th to 75th percentile. A median is only published from 5 deals or more; an industrial park is only listed from 3 deals.
- Only totals and medians are published. No individual transaction, owner name, lot or street number appears on this page.
- Built-up area is missing on most 2021 and 2022 records, so built-up psf starts from 2023; deal counts, values and land psf cover every year.
- Recalculated weekly as new transfers are registered.
Frequently asked questions
How much does a factory cost in Shah Alam?
Based on JPPH-registered transfers in the 24 months to July 2026: terrace factory median RM1.13 million (typically RM850,000 to RM1.8 million, 74 deals); semi-detached factory median RM5.9 million (typically RM4.5 million to RM6.95 million, 69 deals); detached factory median RM16 million (typically RM13.64 million to RM35 million, 17 deals). Across all factory types the median is RM624 psf of built-up area over the last 12 months.
What is the price of industrial land in Shah Alam?
Industrial land in Shah Alam transacted at a median RM210 psf over the last 24 months, typically RM189 psf to RM277 psf (6 deals). The median plot was about 2.3 acres, at a median price of RM20.77 million. Smaller lots and land with services in place usually sit at the upper end.
Are factory prices in Shah Alam going up?
Comparing the 12 months to July 2026 with the 12 months before, within the same industrial park and property type: terrace factory -2% (6 parks); semi-detached factory -21% (5 parks). Comparing like with like avoids reading a shift in what sold (say, more small low-cost units) as a price change. Moves within about 5% are best read as flat.
How many industrial properties are sold in Shah Alam each year?
85 industrial transfers worth RM565.18 million were registered in 2025. 2021: 101, 2022: 85, 2023: 116, 2024: 108, 2025: 85.
How much is a 10,000 sq ft factory in Shah Alam?
By built-up size over the last 24 months: Under 3,000 sq ft: median RM1 million; 3,000 to 10,000 sq ft: median RM4.59 million; 10,000 to 30,000 sq ft: median RM12.09 million; 60,000 sq ft and above: median RM48.33 million. Location inside the park, land size and tenure move the price as much as floor area.
How much is factory rent in Shah Alam?
Tenancies registered with JPPH in the 24 months to July 2026 put factory rent in Shah Alam at a median RM1.73 psf/month, typically RM1.31 psf/month to RM2.55 psf/month. By type: terrace factories RM1.79 psf/month (median monthly rent RM4,400, about 2,400 sq ft, 44 tenancies); semi-detached factories RM2.12 psf/month (median monthly rent RM17,300, about 8,810 sq ft, 24 tenancies); detached factories RM1.55 psf/month (median monthly rent RM13,900, about 10,960 sq ft, 32 tenancies); stratified factories RM2.09 psf/month (median monthly rent RM5,300, about 2,630 sq ft, 13 tenancies). Ceiling height, power supply and loading access move rent as much as location.
Where does this transaction data come from?
From industrial property transfers and factory tenancies registered with JPPH, the Malaysian government valuation department, from 2021 to July 2026. FactoryHub aggregates them into counts and medians; no individual deal, owner or lot number is published. Figures are recalculated weekly.
Other areas
Shah Alam industrial property guides
- Hicom Glenmarie vs Seksyen 15 vs Bukit Jelutong: Best Shah Alam Factory Zone? 2026
- Factory for Rent in Shah Alam 2026: Act 446 Hostel Compliance, What Tenants Must Verify
- Warehouse for Rent Shah Alam 2026: Price PSF & Top Industrial Zones
- Shah Alam Industrial Park Guide 2026: Top Locations & Investment Trends
- How to Buy a Factory in Malaysia: Klang Valley Guide
- Industrial Areas in KL & Selangor: The Complete 2026 Guide by Corridor
We can pull the comparable transfers for your exact park and plot size and give you a realistic price.