MEDA INDUSTRIAL PARK

MEDA INDUSTRIAL PARK in Gombak, Selangor recorded 3 subsale transactions in 2022, priced from RM 2.00 million and above, with a median price of RM 8.80 million and a median price per square foot (PSF) of RM 622.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 8.80 million, with most transactions falling within a stable range of RM 7.10 million to RM 10.50 million, and a typical market range of RM 8.62 million to RM 8.98 million.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 622, with core pricing between RM 512 and RM 732. Market pricing typically extends from RM 556.35 to RM 687.60, reflecting moderate variation in unit pricing. The spread of RM 131.25 (IQR) and deviation of RM 110 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.