Taman Megah (Cheras)

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 93K to RM 457K, and a typical market range of RM 118K to RM 433K.

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

Price per square foot shows a median of RM 363, though individual units vary from RM 270 to RM 455 in the core range. The broader market spans RM 317.40 to RM 408.40, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 93) 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.