Selangor, Kuala Selangor, Bandar Tanjung Karang

PEKAN TANJUNG KARANG

Area Intelligence

2023

Median Price

RM 680,000

PSF: RM 486

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Commercial PSF Trends

Median Price

RM 680,000

RM 486 PSF

PEKAN TANJUNG KARANG in Kuala Selangor, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 486.

This area consists exclusively of commercial properties, with no residential 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 480K to RM 880K, and a typical market range of RM 520K to RM 840K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 486, though individual units vary from RM 267 to RM 705 in the core range. The broader market spans RM 372.00 to RM 600.00, indicating diverse property characteristics. A wider spread (IQR: RM 228.00) and deviation (MAD: RM 219) 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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PEKAN TANJUNG KARANG, Kuala Selangor, Selangor

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