VALENCIA in Gombak, Selangor recorded 16 subsale transactions in 2021, with a median price of RM 2.19 million and a median price per square foot (PSF) of RM 560.
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 2.19 million, with most transactions falling within a stable range of RM 2.19 million to RM 310K, and a typical market range of RM 1.28 million to RM 310K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 560, with most transactions between RM 553 and RM 566. The usual range is RM 428.38 to RM 690.63, showing that most units are priced quite close to each other. With an IQR of RM 262.25 and MAD of RM 7, 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.
