TAMAN SRI MELATI

TAMAN SRI MELATI in Gombak, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 364.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 550K to RM 650K, and a typical market range of RM 550K to RM 650K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 364, with most transactions between RM 333 and RM 394. The usual range is RM 249.63 to RM 477.38, showing that most units are priced quite close to each other. With an IQR of RM 227.75 and MAD of RM 31, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.