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Market Snapshot
ResidentialRM 60,000
RM 87 psfMedian transaction price
Desa Sri Bayu, 48000 Rawang, Selangor, Malaysia
MapsDesa Sri Bayu in Gombak, Selangor recorded 1 subsale transactions in 2021, with a median price of RM 60K and a median price per square foot (PSF) of RM 87.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 87, with most transactions between RM 87 and RM 87. The usual range is RM 0.00 to RM 196.10, showing that most units are priced quite close to each other. With an IQR of RM 218.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.