THE PARQUE RESIDENCES (ECO SANTUARI) in Kuala Langat, Selangor recorded 16 subsale transactions in 2022, with a median price of RM 614K and a median price per square foot (PSF) of RM 808.
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 614K, with most transactions falling within a stable range of RM 513K to RM 715K, and a typical market range of RM 529K to RM 698K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 808, with most transactions between RM 758 and RM 858. The usual range is RM 714.75 to RM 901.25, 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.