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 1.31 million to RM 880K, and a typical market range of RM 1.31 million to RM 908K.

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

The median PSF stands at RM 446, with core pricing between RM 380 and RM 512. Market pricing typically extends from RM 337.88 to RM 554.13, reflecting moderate variation in unit pricing. With an IQR of RM 216.25 and MAD of RM 66, 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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