M RESIDENCE RAWANG in Gombak, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 690K and a median price per square foot (PSF) of RM 360.
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 690K, with most transactions falling within a stable range of RM 600K to RM 780K, and a typical market range of RM 586K to RM 794K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 360, with core pricing between RM 309 and RM 411. Market pricing typically extends from RM 303.00 to RM 416.00, reflecting moderate variation in unit pricing. With an IQR of RM 113.00 and MAD of RM 51, 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.