TAMAN BUNGA RAYA, SERDANG in Petaling, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 623K and a median price per square foot (PSF) of RM 439.
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 623K, with most transactions falling within a stable range of RM 580K to RM 665K, and a typical market range of RM 580K to RM 665K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 439, with most transactions between RM 411 and RM 467. The usual range is RM 353.50 to RM 524.50, showing that most units are priced quite close to each other. With an IQR of RM 171.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.