TAMAN MUHIBBAH, BANTING

Area Intelligence
2023
Median Price
RM 200,000
PSF: RM 241

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 128K to RM 272K, and a typical market range of RM 137K to RM 263K.

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

The median PSF stands at RM 241, with core pricing between RM 208 and RM 274. Market pricing typically extends from RM 208.50 to RM 273.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 33, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MUHIBBAH, BANTING, Kuala Langat, Selangor

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