ONE JELATEK in Gombak, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 619K and a median price per square foot (PSF) of RM 423.
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 619K, with most transactions falling within a stable range of RM 504K to RM 734K, and a typical market range of RM 318K to RM 920K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 423, with core pricing between RM 351 and RM 494. Market pricing typically extends from RM 354.63 to RM 490.38, reflecting moderate variation in unit pricing. The spread of RM 135.75 (IQR) and deviation of RM 72 (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.
