PINGGIRAN BATU CAVES in Gombak, Selangor recorded 11 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 282.
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 180K, with most transactions falling within a stable range of RM 160K to RM 200K, and a typical market range of RM 114K to RM 246K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 282, with core pricing between RM 245 and RM 320. Market pricing typically extends from RM 246.75 to RM 317.25, reflecting moderate variation in unit pricing. With an IQR of RM 70.50 and MAD of RM 38, 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.