TAMAN RAKAN in Hulu Langat, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 314K and a median price per square foot (PSF) of RM 273.
This area contains both residential and commercial properties. View 32 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 314K, with most transactions falling within a stable range of RM 239K to RM 389K, and a typical market range of RM 232K to RM 397K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 273, with core pricing between RM 230 and RM 315. Market pricing typically extends from RM 229.88 to RM 315.13, reflecting moderate variation in unit pricing. The spread of RM 85.25 (IQR) and deviation of RM 43 (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.
