TAMAN MELAWATI in Gombak, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 610K and a median price per square foot (PSF) of RM 727.
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 610K, with most transactions falling within a stable range of RM 495K to RM 725K, and a typical market range of RM 499K to RM 722K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 727, with most transactions between RM 665 and RM 789. The usual range is RM 669.75 to RM 783.25, showing that most units are priced quite close to each other. With an IQR of RM 113.50 and MAD of RM 62, 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.
