SUNWAY CHERAS

SUNWAY CHERAS in Hulu Langat, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 790K and a median price per square foot (PSF) of RM 526.

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 790K, with most transactions falling within a stable range of RM 547K to RM 950K, and a typical market range of RM 677K to RM 903K.

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 526, though individual units vary from RM 414 to RM 638 in the core range. The broader market spans RM 448.75 to RM 603.25, indicating diverse property characteristics. The spread of RM 154.50 (IQR) and deviation of RM 112 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.