Selangor
Hulu Langat
Cheras
DESA PERMAI (CHERAS)

DESA PERMAI (CHERAS)

Area Intelligence

2022

Median Price

RM 540,000

PSF: RM 381

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DESA PERMAI (CHERAS) in Hulu Langat, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 381.

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 540K, with most transactions falling within a stable range of RM 489K to RM 570K, and a typical market range of RM 496K to RM 570K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 381, with most transactions between RM 352 and RM 410. The usual range is RM 307.00 to RM 455.00, showing that most units are priced quite close to each other. With an IQR of RM 148.00 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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DESA PERMAI (CHERAS), Hulu Langat, Selangor

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