KG CHERAS BARU

KG CHERAS BARU in Hulu Langat, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 133.

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 530K, with most transactions falling within a stable range of RM 400K to RM 2.04 million, and a typical market range of RM 439K to RM 621K.

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

Price per square foot shows a median of RM 133, though individual units vary from RM 62 to RM 204 in the core range. The broader market spans RM 109.88 to RM 156.13, indicating diverse property characteristics. A wider spread (IQR: RM 46.25) and deviation (MAD: RM 71) 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.