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 575K to RM 976K, and a typical market range of RM 575K to RM 933K.

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

The median PSF stands at RM 452, with core pricing between RM 382 and RM 522. Market pricing typically extends from RM 408.50 to RM 495.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 70 (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. Moderate transaction volume may require patience when buying or selling.