TAMAN PELANGI

TAMAN PELANGI in Gombak, Selangor recorded 9 subsale transactions in 2023, with a median price of RM 418K and a median price per square foot (PSF) of RM 287.

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 418K, with most transactions falling within a stable range of RM 239K to RM 597K, and a typical market range of RM 338K to RM 498K.

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

Price per square foot shows a median of RM 287, though individual units vary from RM 217 to RM 357 in the core range. The broader market spans RM 267.50 to RM 306.50, indicating diverse property characteristics. The spread of RM 39.00 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

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.