PEKAN RAWANG

Area Intelligence
2021
Median Price
RM 1,719,000
PSF: RM 370

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 62

Commercial PSF Trends

Median Price

RM 1,719,000

RM 370 PSF

PEKAN RAWANG in Gombak, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 1.72 million and a median price per square foot (PSF) of RM 370.

This area contains both residential and commercial properties. View 1 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.72 million, with most transactions falling within a stable range of RM 1.60 million to RM 1.84 million, and a typical market range of RM 1.58 million to RM 1.85 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 370, though individual units vary from RM 253 to RM 487 in the core range. The broader market spans RM 260.75 to RM 479.25, indicating diverse property characteristics. A wider spread (IQR: RM 218.50) and deviation (MAD: RM 117) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN RAWANG, Gombak, Selangor

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