KAMPUNG CHERAS BARU

KAMPUNG CHERAS BARU in Hulu Langat, Selangor recorded 3 subsale transactions in 2021, with a median price of RM 460K and a median price per square foot (PSF) of RM 115.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 460K, with most transactions falling within a stable range of RM 419K to RM 500K, and a typical market range of RM 400K to RM 500K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 115, with most transactions between RM 105 and RM 125. The usual range is RM 91.88 to RM 138.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.25 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.