TAMAN MEWAH, OFF JALAN SUNGAI. PUTUS in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 332.
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 300K, with most transactions falling within a stable range of RM 210K to RM 390K, and a typical market range of RM 217K to RM 384K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 332, though individual units vary from RM 254 to RM 410 in the core range. The broader market spans RM 256.50 to RM 406.50, indicating diverse property characteristics. The spread of RM 150.00 (IQR) and deviation of RM 78 (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. Limited transaction history suggests carefully evaluating comparable sales data.