M RESIDENCE 2

M RESIDENCE 2 in Gombak, Selangor recorded 20 subsale transactions in 2023, with a median price of RM 517K and a median price per square foot (PSF) of RM 373.

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 517K, with most transactions falling within a stable range of RM 336K to RM 697K, and a typical market range of RM 432K to RM 602K.

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

The median PSF stands at RM 373, with core pricing between RM 310 and RM 436. Market pricing typically extends from RM 343.00 to RM 403.00, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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.