Selangor
Hulu Langat
Cheras
TAMAN MEGAH (CHERAS)

TAMAN MEGAH (CHERAS)

Area Intelligence

2023

Median Price

RM 250,000

PSF: RM 344

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 344

TAMAN MEGAH (CHERAS) in Hulu Langat, Selangor recorded 17 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 344.

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 250K, with most transactions falling within a stable range of RM 310K to RM 305K, and a typical market range of RM 310K to RM 406K.

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

For price per square foot, the median is RM 344, with most transactions between RM 333 and RM 355. The usual range is RM 300.00 to RM 388.00, showing that most units are priced quite close to each other. With an IQR of RM 88.00 and MAD of RM 11, 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 MEGAH (CHERAS), Hulu Langat, Selangor

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