SILK RESIDENCE in Hulu Langat, Selangor recorded 23 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 362.
This area contains both residential and commercial properties. View 59 residential properties or 12 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 370K to RM 430K, and a typical market range of RM 365K to RM 435K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 362, with most transactions between RM 333 and RM 391. The usual range is RM 334.75 to RM 389.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 29, 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. Moderate transaction volume may require patience when buying or selling.