TAMAN BALAKONG JAYA

Area Intelligence
2023
Median Price
RM 225,000
PSF: RM 303

Residential PSF Trends

Median Price

RM 225,000

PSF: RM 303

TAMAN BALAKONG JAYA in Hulu Langat, Selangor recorded 17 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 303.

This area contains both residential and commercial properties. View 55 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 160K to RM 290K, and a typical market range of RM 122K to RM 328K.

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

Price per square foot shows a median of RM 303, though individual units vary from RM 235 to RM 372 in the core range. The broader market spans RM 217.50 to RM 388.50, indicating diverse property characteristics. The spread of RM 171.00 (IQR) and deviation of RM 69 (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.

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TAMAN BALAKONG JAYA, Hulu Langat, Selangor

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