TAMAN PINGGIRAN MAHKOTA (CHERAS)

TAMAN PINGGIRAN MAHKOTA (CHERAS) in Hulu Langat, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 1.65 million and a median price per square foot (PSF) of RM 395.

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 1.65 million, with most transactions falling within a stable range of RM 931K to RM 2.18 million, and a typical market range of RM 1.08 million to RM 2.18 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 395, though individual units vary from RM 313 to RM 477 in the core range. The broader market spans RM 295.00 to RM 495.00, indicating diverse property characteristics. The spread of RM 200.00 (IQR) and deviation of RM 82 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.