TAMAN MELAWATI

Area Intelligence

2022

Median Price

RM 685,000

PSF: RM 446

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Residential PSF Trends

Median Price

RM 685,000

PSF: RM 446

Commercial PSF Trends

Median Price

RM 2,200,000

RM 1,148 PSF

TAMAN MELAWATI in Gombak, Selangor recorded 15 subsale transactions in 2022, with a median price of RM 685K and a median price per square foot (PSF) of RM 446.

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 685K, with most transactions falling within a stable range of RM 810K to RM 750K, and a typical market range of RM 810K to RM 908K.

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

Price per square foot shows a median of RM 446, though individual units vary from RM 265 to RM 628 in the core range. The broader market spans RM 337.88 to RM 554.13, indicating diverse property characteristics. A wider spread (IQR: RM 216.25) and deviation (MAD: RM 182) indicate significant PSF variations, likely due to diverse property types or conditions.

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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