M RESIDENCE 2 in Gombak, Selangor recorded 18 subsale transactions in 2023, with a median price of RM 517K and a median price per square foot (PSF) of RM 383.
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 420K to RM 628K, 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 383, with core pricing between RM 326 and RM 440. Market pricing typically extends from RM 353.00 to RM 413.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 57, 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.