Selangor
Hulu Langat
Cheras
TAMAN MEGAH (CHERAS)

TAMAN MEGAH (CHERAS)

Area Intelligence

2022

Median Price

RM 230,000

PSF: RM 334

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 334

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 360K to RM 243K, and a typical market range of RM 360K to RM 385K.

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

For price per square foot, the median is RM 334, with most transactions between RM 319 and RM 348. The usual range is RM 289.50 to RM 377.50, showing that most units are priced quite close to each other. With an IQR of RM 88.00 and MAD of RM 15, 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.

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TAMAN MEGAH (CHERAS), Hulu Langat, Selangor

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