BANDAR RINCING in Hulu Langat, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 358K and a median price per square foot (PSF) of RM 406.
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 358K, with most transactions falling within a stable range of RM 303K to RM 413K, and a typical market range of RM 293K to RM 423K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 406, with core pricing between RM 326 and RM 485. Market pricing typically extends from RM 326.75 to RM 484.25, reflecting moderate variation in unit pricing. The spread of RM 157.50 (IQR) and deviation of RM 80 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
