Selangor
Hulu Langat
Cheras
TAMAN JAYA (CHERAS)

TAMAN JAYA (CHERAS)

Area Intelligence

2023

Median Price

RM 770,000

PSF: RM 348

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Residential PSF Trends

Median Price

RM 770,000

PSF: RM 348

TAMAN JAYA (CHERAS) in Hulu Langat, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 770K and a median price per square foot (PSF) of RM 348.

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 770K, with most transactions falling within a stable range of RM 629K to RM 911K, and a typical market range of RM 553K to RM 988K.

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

Price per square foot shows a median of RM 348, though individual units vary from RM 243 to RM 453 in the core range. The broader market spans RM 264.50 to RM 431.50, indicating diverse property characteristics. A wider spread (IQR: RM 167.00) and deviation (MAD: RM 105) 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. 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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