TAMAN MUHIBBAH, BANTING

TAMAN MUHIBBAH, BANTING in Kuala Langat, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 291.

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 301K to RM 505K, and a typical market range of RM 357K to RM 483K.

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

The median PSF stands at RM 291, with core pricing between RM 245 and RM 337. Market pricing typically extends from RM 258.50 to RM 323.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 46 (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.