TAMAN MELAWATI

Area Intelligence

2024

Median Price

RM 440,000

PSF: RM 664

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Residential PSF Trends

Median Price

RM 560,000

PSF: RM 667

Commercial PSF Trends

Median Price

RM 320,000

RM 661 PSF

TAMAN MELAWATI in Gombak, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 440K and a median price per square foot (PSF) of RM 664.

This area contains both residential and commercial properties. View 60 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 320K to RM 560K, and a typical market range of RM 320K to RM 560K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 664, with most transactions between RM 661 and RM 667. The usual range is RM 555.88 to RM 772.13, showing that most units are priced quite close to each other. With an IQR of RM 216.25 and MAD of RM 3, 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.

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TAMAN MELAWATI, Gombak, Selangor

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