|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Demang 6
|
RM 330,000
|
RM 281
|
1,173 sqft
|
|
Terrace |
|
Jalan Demang 8
|
RM 365,000
|
RM 305
|
1,195 sqft
|
|
Terrace |
|
Lorong Demang 5C
|
RM 410,000
|
RM 343
|
1,195 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 365,000
RM 305 psfMedian transaction price
Taman Shahbandar, 41000 Klang, Selangor, Malaysia
MapsTaman Shahbandaraya in Klang, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 305.
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 365K, with most transactions falling within a stable range of RM 332K to RM 398K, and a typical market range of RM 330K to RM 410K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 305, with most transactions between RM 280 and RM 331. The usual range is RM 241.49 to RM 369.49, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.
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.