TAMAN MEWAH JAYA, KLANG

TAMAN MEWAH JAYA, KLANG in Klang, Selangor recorded 26 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 354.

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 460K, with most transactions falling within a stable range of RM 375K to RM 545K, and a typical market range of RM 400K to RM 520K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 354, with core pricing between RM 292 and RM 415. Market pricing typically extends from RM 307.50 to RM 399.50, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 62 (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. Moderate transaction volume may require patience when buying or selling.