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 459K to RM 575K, 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.

For price per square foot, the median is RM 373, with most transactions between RM 340 and RM 406. The usual range is RM 343.00 to RM 403.00, 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.