TAMAN BANDAR BARU/ TANJAK in Hulu Selangor, Selangor recorded 6 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 181.
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 275K, with most transactions falling within a stable range of RM 234K to RM 290K, and a typical market range of RM 186K to RM 290K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 181, with most transactions between RM 163 and RM 198. The usual range is RM 117.00 to RM 244.00, showing that most units are priced quite close to each other. With an IQR of RM 127.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
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.
