KAMPONG MELAYU BATU 16 RAWANG

KAMPONG MELAYU BATU 16 RAWANG in Gombak, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 86.

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 430K, with most transactions falling within a stable range of RM 380K to RM 565K, and a typical market range of RM 380K to RM 493K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 86, though individual units vary from RM 54 to RM 118 in the core range. The broader market spans RM 72.75 to RM 99.25, indicating diverse property characteristics. A wider spread (IQR: RM 26.50) and deviation (MAD: RM 32) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.