M RESIDENCE 2

M RESIDENCE 2 in Gombak, Selangor recorded 34 subsale transactions in 2022, with a median price of RM 474K and a median price per square foot (PSF) of RM 342.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 474K, with most transactions falling within a stable range of RM 342K to RM 606K, and a typical market range of RM 389K to RM 559K.

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

The median PSF stands at RM 342, with core pricing between RM 302 and RM 382. Market pricing typically extends from RM 312.00 to RM 372.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 40, 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. Moderate transaction volume may require patience when buying or selling.