Taman Megah (Cheras)

Taman Megah (Cheras) in Hulu Langat, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 219.

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 180K, with most transactions falling within a stable range of RM 150K to RM 224K, and a typical market range of RM 150K to RM 226K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 219, with core pricing between RM 175 and RM 262. Market pricing typically extends from RM 179.13 to RM 257.88, reflecting moderate variation in unit pricing. The spread of RM 78.75 (IQR) and deviation of RM 44 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.