THE LAKE RESIDENCE in Sepang, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 398K and a median price per square foot (PSF) of RM 376.
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 398K, with most transactions falling within a stable range of RM 373K to RM 423K, and a typical market range of RM 365K to RM 430K.
Most transactions involved town house, with minimal variety in property types.
For price per square foot, the median is RM 376, with most transactions between RM 371 and RM 381. The usual range is RM 337.50 to RM 413.50, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.