VALENCIA

VALENCIA in Gombak, Selangor recorded 27 subsale transactions in 2023, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 629.

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 2.30 million, with most transactions falling within a stable range of RM 762K to RM 3.84 million, and a typical market range of RM 1.39 million to RM 3.21 million.

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

Price per square foot shows a median of RM 629, though individual units vary from RM 446 to RM 812 in the core range. The broader market spans RM 497.88 to RM 760.13, indicating diverse property characteristics. A wider spread (IQR: RM 262.25) and deviation (MAD: RM 183) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.