GRAVIT8

Area Intelligence
2023
Median Price
RM 325,000
PSF: RM 545

Residential PSF Trends

Median Price

RM 325,000

PSF: RM 545

Commercial PSF Trends

Median Price

RM 1,538,000

RM 934 PSF

GRAVIT8 in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 545.

This area contains both residential and commercial properties. View 108 residential properties or 19 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 270K to RM 380K, and a typical market range of RM 270K to RM 380K.

Most transactions involved service apartment, though some variety exists in the market.

For price per square foot, the median is RM 545, with most transactions between RM 492 and RM 598. The usual range is RM 517.75 to RM 572.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 53, 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.

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GRAVIT8, Klang, Selangor

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Transactions

2 transactions grouped by size

550 sqft
Service Apartment
RM 270,000
Level 9
549 sqft · RM 492 PSF
650 sqft
Service Apartment
RM 380,000
Level 5
635 sqft · RM 598 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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