KAMPUNG BARU CHINA in Hulu Langat, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 152.
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 725K, with most transactions falling within a stable range of RM 585K to RM 865K, and a typical market range of RM 585K to RM 865K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 152, with core pricing between RM 128 and RM 176. Market pricing typically extends from RM 125.00 to RM 178.00, 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.
