TAMAN MERU IV (RUMAH MURAH)

TAMAN MERU IV (RUMAH MURAH) in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 301K and a median price per square foot (PSF) of RM 162.

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 301K, with most transactions falling within a stable range of RM 300K to RM 302K, and a typical market range of RM 300K to RM 302K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 162, though individual units vary from RM 110 to RM 214 in the core range. The broader market spans RM 121.25 to RM 202.75, indicating diverse property characteristics. A wider spread (IQR: RM 81.50) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.