BANDAR RINCING

Area Intelligence
2022
Median Price
RM 370,000
PSF: RM 276

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 274

Commercial PSF Trends

Median Price

RM 750,000

RM 487 PSF

BANDAR RINCING in Hulu Langat, Selangor recorded 71 subsale transactions in 2022, with a median price of RM 370K and a median price per square foot (PSF) of RM 276.

This area contains both residential and commercial properties. View 122 residential properties or 22 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 370K, with most transactions falling within a stable range of RM 315K to RM 425K, and a typical market range of RM 305K to RM 435K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 276, though individual units vary from RM 197 to RM 356 in the core range. The broader market spans RM 197.25 to RM 354.75, indicating diverse property characteristics. A wider spread (IQR: RM 157.50) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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BANDAR RINCING, Hulu Langat, Selangor

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