TAMAN SRI MEWAH 7 (P/L 4692)

TAMAN SRI MEWAH 7 (P/L 4692) in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 350.

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 420K, with most transactions falling within a stable range of RM 340K to RM 500K, and a typical market range of RM 380K to RM 460K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 350, with core pricing between RM 285 and RM 415. Market pricing typically extends from RM 317.50 to RM 382.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.