TAMAN DESA MAWAR(P/L 1175)

Area Intelligence

2022

Median Price

RM 220,000

PSF: RM 64

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 64

TAMAN DESA MAWAR(P/L 1175) in Kuala Selangor, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 220K and a median price per square foot (PSF) of RM 64.

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 220K, with most transactions falling within a stable range of RM 310K to RM 255K, and a typical market range of RM 310K to RM 273K.

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

For price per square foot, the median is RM 64, with most transactions between RM 58 and RM 70. The usual range is RM 57.00 to RM 71.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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 DESA MAWAR(P/L 1175), Kuala Selangor, Selangor

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