KG CHERAS BARU

KG CHERAS BARU in Hulu Langat, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 470K and a median price per square foot (PSF) of RM 130.

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 470K, with most transactions falling within a stable range of RM 450K to RM 490K, and a typical market range of RM 450K to RM 490K.

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

For price per square foot, the median is RM 130, with most transactions between RM 127 and RM 133. The usual range is RM 124.25 to RM 135.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.