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 440.
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 643K to RM 814K, and a typical market range of RM 646K to RM 810K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 440, with core pricing between RM 388 and RM 493. Market pricing typically extends from RM 389.63 to RM 490.38, reflecting moderate variation in unit pricing. With an IQR of RM 100.75 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.