TAMAN MEGAH (CHERAS) in Hulu Langat, Selangor recorded 11 subsale transactions in 2024, with a median price of RM 275K and a median price per square foot (PSF) of RM 363.
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 275K, with most transactions falling within a stable range of RM 420K to RM 308K, and a typical market range of RM 420K to RM 431K.
Most transactions involved flats, with high diversity across multiple property types.
The median PSF stands at RM 363, with core pricing between RM 299 and RM 427. Market pricing typically extends from RM 319.00 to RM 407.00, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.
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.
