Taman Cheras Mewah in Hulu Langat, Selangor recorded 3 subsale transactions in 2022, with a median price of RM260K and a median price per square foot (PSF) of RM288.

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 RM260K, with most transactions falling within a stable range of RM250K to RM282K, and a typical market range of RM250K to RM300K.

Most transactions involved flats, with high diversity across multiple property types.

For price per square foot, the median is RM288, with most transactions between RM264 and RM311. The usual range is RM230.19 to RM344.94, showing that most units are priced quite close to each other. With an IQR of RM114.75 and MAD of RM24, the PSF demonstrates reasonable consistency across the market.

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.