Selangor
Hulu Langat
Cheras
TAMAN JAYA (CHERAS)

TAMAN JAYA (CHERAS)

Area Intelligence

2022

Median Price

RM 170,000

PSF: RM 239

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Residential PSF Trends

Median Price

RM 170,000

PSF: RM 239

TAMAN JAYA (CHERAS) in Hulu Langat, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 239.

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 170K, with most transactions falling within a stable range of RM 160K to RM 180K, and a typical market range of RM 160K 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 239, with most transactions between RM 225 and RM 253. The usual range is RM 155.50 to RM 322.50, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN JAYA (CHERAS), Hulu Langat, Selangor

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