SILK RESIDENCE

Area Intelligence

2023

Median Price

RM 380,000

PSF: RM 388

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 388

Commercial PSF Trends

Median Price

RM 571,500

RM 283 PSF

SILK RESIDENCE in Hulu Langat, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 388.

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 380K, with most transactions falling within a stable range of RM 350K to RM 410K, and a typical market range of RM 345K to RM 415K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 388, with most transactions between RM 359 and RM 417. The usual range is RM 360.75 to RM 415.25, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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SILK RESIDENCE, Hulu Langat, Selangor

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