Area Intelligence

TMN TROPICANA CHERAS

3 properties
2023
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Median Price
RM 1,550,000
PSF: RM 485

Residential Market

Median Price

RM 1,550,000

IQR: RM 175
MAD: RM 53
RM 485 PSF 4.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN TROPICANA CHERAS in Hulu Langat, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 485.

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 1.55 million, with most transactions falling within a stable range of RM 963K to RM 2.23 million, and a typical market range of RM 1.39 million to RM 1.71 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 485, though individual units vary from RM 350 to RM 620 in the core range. The broader market spans RM 397.38 to RM 572.63, indicating diverse property characteristics. A wider spread (IQR: RM 175.25) and deviation (MAD: RM 135) 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 TROPICANA CHERAS, Hulu Langat, Selangor

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Transactions

3 properties grouped by size

2,400 sqft
1 units Double Storey Terraced
RM 963,000
JLN TROPICANA CHERAS 11
2,379 sqft · RM 405.00 PSF
Feb 2023
3,200 sqft
1 units Double Storey Semi-D
RM 1,550,000
JLN TROPICANA CHERAS 1
3,197 sqft · RM 485.00 PSF
Feb 2023
3,600 sqft
1 units Detached
RM 2,600,000
JLN TROPICANA CHERAS 3
3,595 sqft · RM 723.00 PSF
Jul 2023