| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 227,000
|
RM 224
|
1,012 sqft
|
|
|
|
Level 2
|
RM 227,000
|
RM 224
|
1,012 sqft
|
|
|
Jalan Reef 1/1
|
RM 1,300,000
|
RM 276
|
4,704 sqft
|
|
|
|
The Reef
|
RM 1,450,000
|
RM 308
|
4,704 sqft
|
|
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a25-g, Jalan Reef 1/1, The Reef Rawang, 48000 Rawang, Selangor, Malaysia
MapsRawang Commercial Centre(The Reef) in Gombak, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 227K and a median price per square foot (PSF) of RM 234.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 227K, with most transactions falling within a stable range of RM 227K to RM 791K, and a typical market range of RM 227K to RM 801K.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 234, with core pricing between RM 201 and RM 268. Market pricing typically extends from RM 0.00 to RM 537.57, reflecting moderate variation in unit pricing. With an IQR of RM 606.50 and MAD of RM 33, 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.