Selangor
Hulu Langat
Pekan Cheras
TAMAN CHERAS MEWAH

TAMAN CHERAS MEWAH

Area Intelligence

2024

Median Price

RM 695,000

PSF: RM 497

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Residential PSF Trends

Median Price

RM 695,000

PSF: RM 497

TAMAN CHERAS MEWAH in Hulu Langat, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 695K and a median price per square foot (PSF) of RM 497.

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 695K, with most transactions falling within a stable range of RM 610K to RM 780K, and a typical market range of RM 610K to RM 780K.

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

The median PSF stands at RM 497, with core pricing between RM 436 and RM 557. Market pricing typically extends from RM 439.13 to RM 553.88, reflecting moderate variation in unit pricing. With an IQR of RM 114.75 and MAD of RM 61, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHERAS MEWAH, Hulu Langat, Selangor

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