TAMAN MELAWATI

TAMAN MELAWATI in Gombak, Selangor recorded 11 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 400K and a median price per square foot (PSF) of RM 375.

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 400K, with most transactions falling within a stable range of RM 325K to RM 539K, and a typical market range of RM 325K to RM 623K.

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 375, though individual units vary from RM 226 to RM 525 in the core range. The broader market spans RM 267.24 to RM 483.49, indicating diverse property characteristics. A wider spread (IQR: RM 216.25) and deviation (MAD: RM 150) 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.