TAMAN JAYA UTAMA in Kuala Langat, Selangor recorded 17 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 262.
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 400K, with most transactions falling within a stable range of RM 315K to RM 485K, and a typical market range of RM 315K to RM 485K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 262, with core pricing between RM 215 and RM 309. Market pricing typically extends from RM 215.50 to RM 308.50, reflecting moderate variation in unit pricing. The spread of RM 93.00 (IQR) and deviation of RM 47 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.