Area Intelligence

OFF JLN MERU

3 properties
2021
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Median Price
RM 455,000
PSF: RM 259

Residential Market

Median Price

RM 367,500

IQR: RM 137
MAD: RM 67
RM 223 PSF 4.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,230,000

IQR: RM 150
MAD: RM 92
RM 788 PSF 6.1%

PSF Trends (2021-2025)

OFF JLN MERU in Klang, Selangor recorded 3 subsale transactions in 2021, with a median price of RM 455K and a median price per square foot (PSF) of RM 259.

This area contains both residential and commercial properties. View 24 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 455K, with most transactions falling within a stable range of RM 280K to RM 868K, and a typical market range of RM 280K to RM 667K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 259, though individual units vary from RM 0 to RM 527 in the core range. The broader market spans RM 169.00 to RM 349.00, indicating diverse property characteristics. A wider spread (IQR: RM 180.00) and deviation (MAD: RM 268) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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OFF JLN MERU, Klang, Selangor

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Transactions

3 properties grouped by size

1,500 sqft
1 units Single Storey Terraced
RM 280,000
JLN ENGGANG
1,506 sqft · RM 186.00 PSF
Nov 2021
1,550 sqft
1 units 4-Storey Storey Shop
RM 1,230,000
JLN PASAR BARU 3
1,561 sqft · RM 788.00 PSF
Sep 2021
1,750 sqft
1 units Single Storey Terraced
RM 455,000
LORONG TIONG
1,760 sqft · RM 259.00 PSF
Dec 2021