VALENCIA

VALENCIA in Gombak, Selangor recorded 17 subsale transactions in 2022, priced from RM 2.00 million and above, with a median price of RM 2.89 million and a median price per square foot (PSF) of RM 615.

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 2.89 million, with most transactions falling within a stable range of RM 2.17 million to RM 4.05 million, and a typical market range of RM 2.17 million to RM 3.80 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 615, with core pricing between RM 501 and RM 730. Market pricing typically extends from RM 484.36 to RM 746.61, reflecting moderate variation in unit pricing. The spread of RM 262.25 (IQR) and deviation of RM 114 (MAD) suggest moderate price variations reflecting different property features.

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.