KEN RIMBA SEK. 16

KEN RIMBA SEK. 16 in Klang, Selangor recorded 23 subsale transactions in 2022, with a median price of RM 680K and a median price per square foot (PSF) of RM 499.

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 680K, with most transactions falling within a stable range of RM 580K to RM 797K, and a typical market range of RM 580K to RM 878K.

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

For price per square foot, the median is RM 499, with most transactions between RM 457 and RM 541. The usual range is RM 455.50 to RM 542.50, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 42, 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.