TAMAN MEGAH (CHERAS)

TAMAN MEGAH (CHERAS) in Hulu Langat, Selangor recorded 20 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 334.

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 230K, with most transactions falling within a stable range of RM 191K to RM 230K, and a typical market range of RM 105K to RM 230K.

Most transactions involved flats, with high diversity across multiple property types.

The median PSF stands at RM 334, with core pricing between RM 299 and RM 368. Market pricing typically extends from RM 289.50 to RM 377.50, reflecting moderate variation in unit pricing. With an IQR of RM 88.00 and MAD of RM 34, 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. Moderate transaction volume may require patience when buying or selling.