SUNGAI BAKAU

Area Intelligence

2024

Median Price

RM 2,519,000

PSF: RM 175

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 133

Commercial PSF Trends

Median Price

RM 4,718,000

RM 217 PSF

SUNGAI BAKAU in Gombak, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 2.52 million and a median price per square foot (PSF) of RM 175.

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 2.52 million, with most transactions falling within a stable range of RM 320K to RM 4.72 million, and a typical market range of RM 1.25 million to RM 3.79 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 175, though individual units vary from RM 133 to RM 217 in the core range. The broader market spans RM 128.25 to RM 221.75, indicating diverse property characteristics. The spread of RM 93.50 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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SUNGAI BAKAU, Gombak, Selangor

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