Area Intelligence

TMN BALAKONG JAYA

4 properties
2023
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Median Price
RM 560,000
PSF: RM 350

Residential Market

Median Price

RM 420,000

IQR: RM 145
MAD: RM 62
RM 309 PSF 5.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 770,000

IQR: RM 36
MAD: RM 19
RM 550 PSF 4.7%

PSF Trends (2021-2025)

TMN BALAKONG JAYA in Hulu Langat, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 350.

This area contains both residential and commercial properties. View 7 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 560K, with most transactions falling within a stable range of RM 403K to RM 724K, and a typical market range of RM 446K to RM 674K.

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 350, though individual units vary from RM 217 to RM 482 in the core range. The broader market spans RM 280.75 to RM 418.25, indicating diverse property characteristics. A wider spread (IQR: RM 137.50) and deviation (MAD: RM 132) 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 BALAKONG JAYA, Hulu Langat, Selangor

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Transactions

4 properties grouped by size

1,100 sqft
1 units Double Storey Terraced
RM 420,000
JLN BALAKONG JAYA 12
1,076 sqft · RM 390.00 PSF
Feb 2023
1,300 sqft
1 units Double Storey Terraced
RM 403,000
JLN BALAKONG JAYA 16
1,302 sqft · RM 309.00 PSF
Mar 2023
1,400 sqft
1 units Double Storey Shop
RM 770,000
JALAN BALAKONG JAYA 6
1,399 sqft · RM 550.00 PSF
Feb 2023
3,800 sqft
1 units Double Storey Terraced
RM 700,000
JALAN BALAKONG JAYA 2
3,789 sqft · RM 185.00 PSF
Mar 2023