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 494K to RM 665K, and a typical market range of RM 366K 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 415 and RM 463. 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 24, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
