KAMPUNG SIMPAH UTARA&SELATAN,BATU ARANG in Gombak, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 23.
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 160K, with most transactions falling within a stable range of RM 50K to RM 270K, and a typical market range of RM 43K to RM 278K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 23, though individual units vary from RM 18 to RM 28 in the core range. The broader market spans RM 16.00 to RM 30.00, indicating diverse property characteristics. The spread of RM 14.00 (IQR) and deviation of RM 5 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.