TAMAN TERATAI MEWAH in Kuala Lumpur, Kuala Lumpur recorded 12 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 350.
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. The median price is RM 245K, with most transactions falling within a stable range of RM 202K to RM 289K, and a typical market range of RM 195K to RM 295K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 350, with core pricing between RM 312 and RM 388. Market pricing typically extends from RM 311.88 to RM 388.13, reflecting moderate variation in unit pricing. With an IQR of RM 76.25 and MAD of RM 38, 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.