Selangor
Hulu Langat
Pekan Cheras
TAMAN CHERAS MEWAH

TAMAN CHERAS MEWAH

Area Intelligence

2023

Median Price

RM 250,000

PSF: RM 276

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 276

TAMAN CHERAS MEWAH in Hulu Langat, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 276.

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 250K, with most transactions falling within a stable range of RM 217K to RM 250K, and a typical market range of RM 180K to RM 250K.

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

For price per square foot, the median is RM 276, with most transactions between RM 271 and RM 281. The usual range is RM 218.63 to RM 333.38, showing that most units are priced quite close to each other. With an IQR of RM 114.75 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 CHERAS MEWAH, Hulu Langat, Selangor

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