TAMAN MELAWATI in Gombak, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 470K and a median price per square foot (PSF) of RM 560.
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 470K, with most transactions falling within a stable range of RM 355K to RM 585K, and a typical market range of RM 359K to RM 582K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 560, with core pricing between RM 498 and RM 622. Market pricing typically extends from RM 502.75 to RM 616.25, reflecting moderate variation in unit pricing. 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.
