TAMAN RAKYAT in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2022, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 414.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.05 million, with most transactions falling within a stable range of RM 1.00 million to RM 800K, and a typical market range of RM 770K to RM 800K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 414, with most transactions between RM 381 and RM 446. The usual range is RM 373.25 to RM 453.75, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
