TAMAN SRI MEDAN FASA II in Kuala Langat, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 125.
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 270K, with most transactions falling within a stable range of RM 200K to RM 340K, and a typical market range of RM 210K to RM 330K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 125, with core pricing between RM 109 and RM 141. Market pricing typically extends from RM 104.00 to RM 146.00, reflecting moderate variation in unit pricing. With an IQR of RM 42.00 and MAD of RM 16, 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.