KAW PERUSAHAAN CHERAS JAYA in Hulu Langat, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 15.30 million and a median price per square foot (PSF) of RM 319.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 15.30 million, with most transactions falling within a stable range of RM 12.78 million to RM 17.83 million, and a typical market range of RM 7.70 million to RM 22.90 million.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
Price per square foot shows a median of RM 319, though individual units vary from RM 239 to RM 400 in the core range. The broader market spans RM 212.75 to RM 425.25, indicating diverse property characteristics. A wider spread (IQR: RM 212.50) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
