ONE JELATEK in Gombak, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 499.
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 1.05 million, with most transactions falling within a stable range of RM 938K to RM 1.17 million, and a typical market range of RM 751K to RM 1.35 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 499, with core pricing between RM 427 and RM 570. Market pricing typically extends from RM 430.63 to RM 566.38, reflecting moderate variation in unit pricing. With an IQR of RM 135.75 and MAD of RM 72, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
