TAMAN GEMBIRA, BANTING

TAMAN GEMBIRA, BANTING in Kuala Langat, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 261.

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 265K, with most transactions falling within a stable range of RM 250K to RM 280K, and a typical market range of RM 250K to RM 280K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 261, with core pricing between RM 219 and RM 303. Market pricing typically extends from RM 239.25 to RM 282.75, reflecting moderate variation in unit pricing. The spread of RM 43.50 (IQR) and deviation of RM 42 (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.