| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Damai 5
|
RM 165,000
|
RM 118
|
1,399 sqft
|
|
|
Jalan Damai 6
|
RM 420,000
|
RM 101
|
4,144 sqft
|
|
|
Jalan Damai
|
RM 360,000
|
RM 79
|
4,553 sqft
|
|
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Market Snapshot
ResidentialRM 360,000
RM 101 psfMedian transaction price
QC3R+JP, Morib, 42700 Banting, Selangor, Malaysia
MapsTaman Damai, Spg. Morib in Kuala Langat, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 101.
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 360K, with most transactions falling within a stable range of RM 251K to RM 420K, and a typical market range of RM 270K to RM 420K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 101, with core pricing between RM 85 and RM 117. Market pricing typically extends from RM 87.35 to RM 115.35, reflecting moderate variation in unit pricing. The spread of RM 28.00 (IQR) and deviation of RM 16 (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.