DESA PERMAI (CHERAS)

DESA PERMAI (CHERAS) in Hulu Langat, Selangor recorded 5 subsale transactions in 2022, with a median price of RM 570K and a median price per square foot (PSF) of RM 322.

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 570K, with most transactions falling within a stable range of RM 450K to RM 995K, and a typical market range of RM 526K to RM 614K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 322, though individual units vary from RM 250 to RM 394 in the core range. The broader market spans RM 248.00 to RM 396.00, indicating diverse property characteristics. The spread of RM 148.00 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

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.