CHENGAL,KERUING,CEMPAKA-TMN DESAMINIUM

CHENGAL,KERUING,CEMPAKA-TMN DESAMINIUM in Petaling, Selangor recorded 20 subsale transactions in 2023, with a median price of RM 264K and a median price per square foot (PSF) of RM 263.

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 264K, with most transactions falling within a stable range of RM 231K to RM 297K, and a typical market range of RM 234K to RM 294K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 263, with core pricing between RM 225 and RM 300. Market pricing typically extends from RM 235.00 to RM 290.00, reflecting moderate variation in unit pricing. With an IQR of RM 55.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.