TAMAN PELANGI

TAMAN PELANGI in Gombak, Selangor recorded 8 subsale transactions in 2024, with a median price of RM 348K and a median price per square foot (PSF) of RM 282.

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 348K, with most transactions falling within a stable range of RM 275K to RM 420K, and a typical market range of RM 268K to RM 428K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 282, with core pricing between RM 253 and RM 311. Market pricing typically extends from RM 262.50 to RM 301.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 29, 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.