TAMAN TERATAI MEWAH

Area Intelligence

2023

Median Price

RM 265,000

PSF: RM 396

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Residential PSF Trends

Median Price

RM 265,000

PSF: RM 396

TAMAN TERATAI MEWAH in Kuala Lumpur, Kuala Lumpur recorded 31 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 396.

This area contains both residential and commercial properties. View 130 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 396, with most transactions between RM 396 and RM 396. The usual range is RM 357.88 to RM 434.13, showing that most units are priced quite close to each other. With an IQR of RM 76.25 and MAD of RM 0, 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN TERATAI MEWAH, Kuala Lumpur, Kuala Lumpur

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