Selangor
Hulu Langat
Cheras
TAMAN JAYA (CHERAS)

TAMAN JAYA (CHERAS)

Area Intelligence

2022

Median Price

RM 560,000

PSF: RM 382

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Residential PSF Trends

Median Price

RM 560,000

PSF: RM 382

TAMAN JAYA (CHERAS) in Hulu Langat, Selangor recorded 6 subsale transactions in 2022, with a median price of RM 560K and a median price per square foot (PSF) of RM 382.

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 560K, with most transactions falling within a stable range of RM 550K to RM 180K, and a typical market range of RM 343K to RM 180K.

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 382, with most transactions between RM 368 and RM 396. The usual range is RM 298.00 to RM 465.00, showing that most units are priced quite close to each other. With an IQR of RM 167.00 and MAD of RM 14, 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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TAMAN JAYA (CHERAS), Hulu Langat, Selangor

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