TAMAN PELANGI

TAMAN PELANGI in Gombak, Selangor recorded 6 subsale transactions in 2022, with a median price of RM 375K and a median price per square foot (PSF) of RM 284.

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 375K, with most transactions falling within a stable range of RM 363K to RM 423K, and a typical market range of RM 363K to RM 455K.

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

For price per square foot, the median is RM 284, with most transactions between RM 258 and RM 310. The usual range is RM 264.50 to RM 303.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 26 indicate a highly stable PSF trend across properties.

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.