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 351K to RM 485K, 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.

For price per square foot, the median is RM 287, with most transactions between RM 272 and RM 302. The usual range is RM 267.50 to RM 306.50, 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 15 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.