TAMAN MELAWATI

Area Intelligence

2024

Median Price

RM 2,350,000

PSF: RM 302

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Residential PSF Trends

Median Price

RM 2,500,000

PSF: RM 251

Commercial PSF Trends

Median Price

RM 2,350,000

RM 341 PSF

TAMAN MELAWATI in Gombak, Selangor recorded 3 subsale transactions in 2024, priced from RM 2.00 million and above, with a median price of RM 2.35 million and a median price per square foot (PSF) of RM 302.

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 2.35 million, with most transactions falling within a stable range of RM 2.00 million to RM 2.76 million, and a typical market range of RM 2.13 million to RM 2.57 million.

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

The median PSF stands at RM 302, with core pricing between RM 243 and RM 362. Market pricing typically extends from RM 194.17 to RM 410.42, reflecting moderate variation in unit pricing. The spread of RM 216.25 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELAWATI, Gombak, Selangor

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