Selangor
Kuala Langat
Bandar Banting
TAMAN MUHIBBAH, BANTING

TAMAN MUHIBBAH, BANTING

Area Intelligence

2023

Median Price

RM 200,000

PSF: RM 241

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 241

TAMAN MUHIBBAH, BANTING in Kuala Langat, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 241.

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 200K, with most transactions falling within a stable range of RM 180K to RM 220K, and a typical market range of RM 180K 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 241, with most transactions between RM 217 and RM 265. The usual range is RM 208.50 to RM 273.50, 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.

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.

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TAMAN MUHIBBAH, BANTING, Kuala Langat, Selangor

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