SUNWAY CHERAS in Hulu Langat, Selangor recorded 4 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 483.
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 650K, with most transactions falling within a stable range of RM 538K to RM 762K, and a typical market range of RM 537K to RM 763K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 483, with core pricing between RM 406 and RM 560. Market pricing typically extends from RM 405.75 to RM 560.25, reflecting moderate variation in unit pricing. The spread of RM 154.50 (IQR) and deviation of RM 77 (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.
