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 416K to RM 532K, 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.

For price per square foot, the median is RM 342, with most transactions between RM 309 and RM 375. The usual range is RM 312.00 to RM 372.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 33, 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. Moderate transaction volume may require patience when buying or selling.