TAMAN MELAWATI

TAMAN MELAWATI in Gombak, Selangor recorded 7 subsale transactions in 2022, with a median price of RM 630K and a median price per square foot (PSF) of RM 536.

This area contains both residential and commercial properties. View 33 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 630K, with most transactions falling within a stable range of RM 450K to RM 954K, and a typical market range of RM 519K to RM 742K.

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

The median PSF stands at RM 536, with core pricing between RM 446 and RM 626. Market pricing typically extends from RM 479.25 to RM 592.75, reflecting moderate variation in unit pricing. The spread of RM 113.50 (IQR) and deviation of RM 90 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.