TAMAN MEWAH, OFF JALAN SUNGAI. PUTUS

TAMAN MEWAH, OFF JALAN SUNGAI. PUTUS in Klang, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 262.

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 360K, with most transactions falling within a stable range of RM 308K to RM 380K, and a typical market range of RM 277K to RM 380K.

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 262, though individual units vary from RM 199 to RM 324 in the core range. The broader market spans RM 186.50 to RM 336.50, indicating diverse property characteristics. The spread of RM 150.00 (IQR) and deviation of RM 63 (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.