TAMAN MELAWATI

Area Intelligence
2023
Median Price
RM 635,000
PSF: RM 393

Residential PSF Trends

Median Price

RM 635,000

PSF: RM 393

Commercial PSF Trends

Median Price

RM 2,200,000

RM 1,148 PSF

TAMAN MELAWATI in Gombak, Selangor recorded 17 subsale transactions in 2023, with a median price of RM 635K and a median price per square foot (PSF) of RM 393.

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 635K, with most transactions falling within a stable range of RM 585K to RM 480K, and a typical market range of RM 412K to RM 480K.

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

The median PSF stands at RM 393, with core pricing between RM 315 and RM 471. Market pricing typically extends from RM 284.88 to RM 501.13, reflecting moderate variation in unit pricing. The spread of RM 216.25 (IQR) and deviation of RM 78 (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.

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TAMAN MELAWATI, Gombak, Selangor

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Transactions

8 transactions grouped by size

850 sqft
Double Storey Terraced
RM 480,000
JALAN J5
850 sqft · RM 564 PSF
1,050 sqft
Condo/Apartment
RM 350,000
Level 1
1,066 sqft · RM 328 PSF
RM 375,000
Level 2
1,066 sqft · RM 352 PSF
RM 325,000
Level 3
1,066 sqft · RM 305 PSF
RM 365,000
Level 3
1,066 sqft · RM 343 PSF
RM 400,000
Level 3
1,066 sqft · RM 375 PSF
1,100 sqft
Condo/Apartment
RM 350,000
Level 4
1,109 sqft · RM 316 PSF
1,150 sqft
Condo/Apartment
RM 450,000
Level 2
1,146 sqft · RM 393 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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