KAMPUNG BARU CHINA in Hulu Langat, Selangor recorded 6 subsale transactions in 2022, with a median price of RM 525K and a median price per square foot (PSF) of RM 145.
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 525K, with most transactions falling within a stable range of RM 385K to RM 665K, and a typical market range of RM 385K to RM 665K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 145, with core pricing between RM 121 and RM 169. Market pricing typically extends from RM 118.50 to RM 171.50, reflecting moderate variation in unit pricing. The spread of RM 53.00 (IQR) and deviation of RM 24 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
