TAMAN TERATAI MEWAH

Area Intelligence

2024

Median Price

RM 280,000

PSF: RM 400

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Residential PSF Trends

Median Price

RM 279,000

PSF: RM 392

TAMAN TERATAI MEWAH in Kuala Lumpur, Kuala Lumpur recorded 42 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 400.

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 280K, with most transactions falling within a stable range of RM 1.80 million to RM 380K, and a typical market range of RM 1.80 million to RM 330K.

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

The median PSF stands at RM 400, with core pricing between RM 338 and RM 463. Market pricing typically extends from RM 361.88 to RM 438.13, reflecting moderate variation in unit pricing. The spread of RM 76.25 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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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