KG CHERAS BARU

KG CHERAS BARU in Hulu Langat, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 567K and a median price per square foot (PSF) of RM 142.

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 567K, with most transactions falling within a stable range of RM 393K to RM 740K, and a typical market range of RM 475K to RM 658K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 142, though individual units vary from RM 98 to RM 185 in the core range. The broader market spans RM 118.38 to RM 164.63, indicating diverse property characteristics. A wider spread (IQR: RM 46.25) and deviation (MAD: RM 43) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.