Selangor
Hulu Langat
Cheras
TAMAN RAFLESIA

TAMAN RAFLESIA

Area Intelligence

2022

Median Price

RM 567,500

PSF: RM 541

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Residential PSF Trends

Median Price

RM 567,500

PSF: RM 541

TAMAN RAFLESIA in Hulu Langat, Selangor recorded 10 subsale transactions in 2022, with a median price of RM 568K and a median price per square foot (PSF) of RM 541.

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 568K, with most transactions falling within a stable range of RM 1.73 million to RM 574K, and a typical market range of RM 1.73 million to RM 1.07 million.

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

For price per square foot, the median is RM 541, with most transactions between RM 536 and RM 545. The usual range is RM 480.50 to RM 600.50, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 5, 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 RAFLESIA, Hulu Langat, Selangor

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