TAMAN CHERAS INDAH in Hulu Langat, Selangor recorded 16 subsale transactions in 2023, with a median price of RM 508K and a median price per square foot (PSF) of RM 523.
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 508K, with most transactions falling within a stable range of RM 408K to RM 608K, and a typical market range of RM 413K to RM 602K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 523, with core pricing between RM 467 and RM 579. Market pricing typically extends from RM 462.75 to RM 583.25, reflecting moderate variation in unit pricing. With an IQR of RM 120.50 and MAD of RM 56, 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.