TAMAN CHERAS MEWAH in Hulu Langat, Selangor recorded 3 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 295.
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 200K, with most transactions falling within a stable range of RM 125K to RM 275K, and a typical market range of RM -12,500 to RM 413K.
Most transactions involved flats, with high diversity across multiple property types.
The median PSF stands at RM 295, with core pricing between RM 255 and RM 336. Market pricing typically extends from RM 237.63 to RM 352.38, reflecting moderate variation in unit pricing. With an IQR of RM 114.75 and MAD of RM 41, 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.