KEN RIMBA SEK. 16

KEN RIMBA SEK. 16 in Klang, Selangor recorded 27 subsale transactions in 2023, with a median price of RM 735K and a median price per square foot (PSF) of RM 452.

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 735K, with most transactions falling within a stable range of RM 688K to RM 735K, and a typical market range of RM 575K to RM 735K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 452, with most transactions between RM 423 and RM 481. The usual range is RM 408.75 to RM 495.25, showing that most units are priced quite close to each other. With an IQR of RM 86.50 and MAD of RM 29, 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. Moderate transaction volume may require patience when buying or selling.