TAMAN TERAS BALAKONG

TAMAN TERAS BALAKONG in Hulu Langat, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 5.65 million and a median price per square foot (PSF) of RM 369.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 5.65 million, with most transactions falling within a stable range of RM 4.50 million to RM 9.47 million, and a typical market range of RM 5.10 million to RM 6.20 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 369, with core pricing between RM 300 and RM 437. Market pricing typically extends from RM 344.50 to RM 392.50, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 68 (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.