TAMAN SRI MELATI

TAMAN SRI MELATI in Gombak, Selangor recorded 7 subsale transactions in 2024, with a median price of RM 930K and a median price per square foot (PSF) of RM 261.

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 930K, with most transactions falling within a stable range of RM 671K to RM 1.10 million, and a typical market range of RM 861K to RM 999K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 261, with core pricing between RM 213 and RM 309. Market pricing typically extends from RM 216.50 to RM 305.50, reflecting moderate variation in unit pricing. The spread of RM 89.00 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.