THE PARQUE RESIDENCES (ECO SANTUARI) in Kuala Langat, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 605.
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 680K, with most transactions falling within a stable range of RM 579K to RM 781K, and a typical market range of RM 596K to RM 764K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 605, with most transactions between RM 555 and RM 655. The usual range is RM 511.25 to RM 697.75, showing that most units are priced quite close to each other. With an IQR of RM 186.50 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.