TAMAN JAYA (CHERAS) in Hulu Langat, Selangor recorded 4 subsale transactions in 2024, with a median price of RM 502K and a median price per square foot (PSF) of RM 388.
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 502K, with most transactions falling within a stable range of RM 361K to RM 643K, and a typical market range of RM 284K to RM 719K.
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 388, though individual units vary from RM 283 to RM 493 in the core range. The broader market spans RM 304.50 to RM 471.50, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
