KOTA EMERALD in Gombak, Selangor recorded 27 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 300.
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 550K, with most transactions falling within a stable range of RM 480K to RM 620K, and a typical market range of RM 427K to RM 673K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 300, with core pricing between RM 246 and RM 354. Market pricing typically extends from RM 236.75 to RM 363.25, reflecting moderate variation in unit pricing. The spread of RM 126.50 (IQR) and deviation of RM 54 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
