TAMAN MELAWATI

Area Intelligence

2024

Median Price

RM 2,475,000

PSF: RM 345

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Residential PSF Trends

Median Price

RM 2,475,000

PSF: RM 345

Commercial PSF Trends

Median Price

RM 2,200,000

RM 1,148 PSF

TAMAN MELAWATI in Gombak, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 2.48 million and a median price per square foot (PSF) of RM 345.

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 2.48 million, with most transactions falling within a stable range of RM 1.95 million to RM 3.00 million, and a typical market range of RM 2.25 million to RM 2.70 million.

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

The median PSF stands at RM 345, with core pricing between RM 302 and RM 387. Market pricing typically extends from RM 236.38 to RM 452.63, reflecting moderate variation in unit pricing. With an IQR of RM 216.25 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

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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