Taman Megah (Cheras)

Taman Megah (Cheras) in Hulu Langat, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 173K and a median price per square foot (PSF) of RM 261.

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 173K, with most transactions falling within a stable range of RM 119K to RM 226K, and a typical market range of RM 127K to RM 218K.

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

The median PSF stands at RM 261, with core pricing between RM 224 and RM 299. Market pricing typically extends from RM 221.71 to RM 300.47, reflecting moderate variation in unit pricing. With an IQR of RM 78.75 and MAD of RM 38, 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.