Taman Cheras Mewah

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 277.

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 180K to RM 438K, and a typical market range of RM 180K to RM 463K.

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

Price per square foot shows a median of RM 277, though individual units vary from RM 220 to RM 333 in the core range. The broader market spans RM 219.13 to RM 333.88, indicating diverse property characteristics. The spread of RM 114.75 (IQR) and deviation of RM 57 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.