Selangor, Kuala Langat, Telok Panglima Garang

TAMAN SRI MEDAN

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 215

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 215

TAMAN SRI MEDAN in Kuala Langat, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 215.

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 280K, with most transactions falling within a stable range of RM 206K to RM 354K, and a typical market range of RM 213K to RM 348K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 215, though individual units vary from RM 159 to RM 271 in the core range. The broader market spans RM 165.00 to RM 265.00, indicating diverse property characteristics. A wider spread (IQR: RM 100.00) and deviation (MAD: RM 56) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN SRI MEDAN, Kuala Langat, Selangor

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