M AVENUE in Gombak, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 887K and a median price per square foot (PSF) of RM 538.
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 887K, with most transactions falling within a stable range of RM 802K to RM 973K, and a typical market range of RM 805K to RM 969K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 538, with most transactions between RM 485 and RM 590. The usual range is RM 487.13 to RM 587.88, showing that most units are priced quite close to each other. With an IQR of RM 100.75 and MAD of RM 53, 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.