M AVENUE

Area Intelligence

2022

Median Price

RM 728,000

PSF: RM 236

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Commercial PSF Trends

Median Price

RM 728,000

RM 236 PSF

M AVENUE in Gombak, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 728K and a median price per square foot (PSF) of RM 236.

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 728K, with most transactions falling within a stable range of RM 675K to RM 1.39 million, and a typical market range of RM 675K to RM 810K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 236, though individual units vary from RM 162 to RM 309 in the core range. The broader market spans RM 185.29 to RM 286.03, indicating diverse property characteristics. A wider spread (IQR: RM 100.75) and deviation (MAD: RM 73) 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.

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M AVENUE, Gombak, Selangor

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