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. The median price is RM 265K, with most transactions falling within a stable range of RM 222K to RM 309K, and a typical market range of RM 215K to RM 315K.
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 358 and RM 434. 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 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. Moderate transaction volume may require patience when buying or selling.
