TAMAN. PELANGI, TG. SEPAT in Kuala Langat, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 307.
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 650K, with most transactions falling within a stable range of RM 400K to RM 900K, and a typical market range of RM 416K to RM 885K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 307, though individual units vary from RM 242 to RM 372 in the core range. The broader market spans RM 233.50 to RM 380.50, indicating diverse property characteristics. The spread of RM 147.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.
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.
