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 229K to RM 260K, and a typical market range of RM 202K to RM 260K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 350, with most transactions between RM 325 and RM 375. The usual range is RM 311.88 to RM 388.13, showing that most units are priced quite close to each other. With an IQR of RM 76.25 and MAD of RM 25, 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.
