M RESIDENCE RAWANG in Gombak, Selangor recorded 19 subsale transactions in 2022, with a median price of RM 680K and a median price per square foot (PSF) of RM 330.
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 680K, with most transactions falling within a stable range of RM 590K to RM 770K, and a typical market range of RM 576K to RM 784K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 330, with core pricing between RM 279 and RM 381. Market pricing typically extends from RM 273.50 to RM 386.50, reflecting moderate variation in unit pricing. The spread of RM 113.00 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
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.