TAMAN PELANGI

TAMAN PELANGI in Gombak, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 115K and a median price per square foot (PSF) of RM 147.

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 115K, with most transactions falling within a stable range of RM 48K to RM 182K, and a typical market range of RM 35K to RM 195K.

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

The median PSF stands at RM 147, with core pricing between RM 132 and RM 162. Market pricing typically extends from RM 127.00 to RM 166.00, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 15, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.