Area Intelligence

TMN BALAKONG JAYA

5 properties
2022
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Median Price
RM 610,000
PSF: RM 446

Residential Market

Median Price

RM 500,000

IQR: RM 145
MAD: RM 62
RM 384 PSF 5.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 725,000

IQR: RM 36
MAD: RM 19
RM 518 PSF 4.7%

PSF Trends (2021-2025)

TMN BALAKONG JAYA in Hulu Langat, Selangor recorded 5 subsale transactions in 2022, with a median price of RM 610K and a median price per square foot (PSF) of RM 446.

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 610K, with most transactions falling within a stable range of RM 504K to RM 716K, and a typical market range of RM 496K to RM 724K.

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 446, though individual units vary from RM 334 to RM 558 in the core range. The broader market spans RM 377.25 to RM 514.75, indicating diverse property characteristics. A wider spread (IQR: RM 137.50) and deviation (MAD: RM 112) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN BALAKONG JAYA, Hulu Langat, Selangor

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Transactions

5 properties grouped by size

1,100 sqft
1 units Double Storey Terraced
RM 480,000
JLN BALAKONG 12
1,076 sqft · RM 446.00 PSF
Apr 2022
1,300 sqft
1 units Double Storey Terraced
RM 500,000
JALAN BALAKONG JAYA 20
1,302 sqft · RM 384.00 PSF
Feb 2022
1,400 sqft
2 units Double Storey Shop
RM 750,000
JALAN BALAKONG JAYA 6
1,399 sqft · RM 536.00 PSF
Aug 2022
RM 700,000
JALAN BALAKONG JAYA 6
1,399 sqft · RM 500.00 PSF
Jul 2022
2,800 sqft
1 units Double Storey Terraced
RM 610,000
JALAN BALAKONG JAYA 15
2,788 sqft · RM 219.00 PSF
Oct 2022