THE PARQUE RESIDENCES (ECO SANTUARI) in Kuala Langat, Selangor recorded 42 subsale transactions in 2021, with a median price of RM 715K and a median price per square foot (PSF) of RM 820.
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 715K, with most transactions falling within a stable range of RM 508K to RM 491K, and a typical market range of RM 630K to RM 491K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 820, though individual units vary from RM 533 to RM 1,107 in the core range. The broader market spans RM 726.75 to RM 913.25, indicating diverse property characteristics. A wider spread (IQR: RM 186.50) and deviation (MAD: RM 287) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.