P/L 3487(Labu)

Labu, Selangor, Malaysia

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Market Snapshot

Residential

RM395,000

RM211 psf

Median transaction price

P/L 3487(Labu) in Sepang, Selangor recorded 0 subsale transactions in 2022, with a median price of RM395K and a median price per square foot (PSF) of RM211.

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 RM395K, with most transactions falling within a stable range of RM381K to RM409K, and a typical market range of RM375K to RM415K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM211, though individual units vary from RM150 to RM272 in the core range. The broader market spans RM151.25 to RM270.75, indicating diverse property characteristics. A wider spread (IQR: RM119.50) and deviation (MAD: RM61) 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.