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 207K to RM 674K, and a typical market range of RM 217K to RM 663K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 664, with core pricing between RM 555 and RM 773. Market pricing typically extends from RM 555.88 to RM 772.13, reflecting moderate variation in unit pricing. The spread of RM 216.25 (IQR) and deviation of RM 109 (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.
