Area Intelligence

TMN CHERAS JAYA

3 properties
2024
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Median Price
RM 957,000
PSF: RM 224

Residential Market

Median Price

RM 744,000

IQR: RM 57
MAD: RM 24
RM 224 PSF 10.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 957,000

IQR: RM 32
RM 735 PSF 68.1%

PSF Trends (2021-2025)

TMN CHERAS JAYA in Hulu Langat, Selangor recorded 3 subsale transactions in 2024, with a median price of RM 957K and a median price per square foot (PSF) of RM 224.

This area contains both residential and commercial properties. View 15 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 957K, with most transactions falling within a stable range of RM 748K to RM 968K, and a typical market range of RM 646K to RM 968K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 224, though individual units vary from RM 0 to RM 465 in the core range. The broader market spans RM 0.00 to RM 495.00, indicating diverse property characteristics. A wider spread (IQR: RM 542.00) and deviation (MAD: RM 241) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CHERAS JAYA, Hulu Langat, Selangor

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Transactions

3 properties grouped by size

1,300 sqft
1 units Double Storey Shop
RM 957,000
JLN 13/3-3
1,302 sqft · RM 735.00 PSF
May 2024
2,350 sqft
1 units Low-Cost House
RM 520,000
JLN 12
2,325 sqft · RM 224.00 PSF
Apr 2024
4,300 sqft
1 units Double Storey Semi-D
RM 968,000
JLN CJ 2/11-1A
4,316 sqft · RM 224.00 PSF
Sep 2024