Selangor
Kuala Langat
Bandar Banting
TAMAN MUHIBBAH, BANTING

TAMAN MUHIBBAH, BANTING

Area Intelligence

2023

Median Price

RM 420,000

PSF: RM 291

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Residential PSF Trends

Median Price

RM 420,000

PSF: RM 291

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 400K to RM 220K, and a typical market range of RM 357K to RM 220K.

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

For price per square foot, the median is RM 291, with most transactions between RM 267 and RM 315. The usual range is RM 258.50 to RM 323.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MUHIBBAH, BANTING, Kuala Langat, Selangor

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