Selangor
Klang
Kelang
GRAVIT8

GRAVIT8

Area Intelligence

2022

Median Price

RM 664,500

PSF: RM 606

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Residential PSF Trends

Median Price

RM 655,000

PSF: RM 605

Commercial PSF Trends

Median Price

RM 1,675,000

RM 750 PSF

GRAVIT8 in Klang, Selangor recorded 58 subsale transactions in 2022, with a median price of RM 665K and a median price per square foot (PSF) of RM 606.

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 665K, with most transactions falling within a stable range of RM 1.43 million to RM 915K, and a typical market range of RM 1.43 million to RM 763K.

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

The median PSF stands at RM 606, with core pricing between RM 490 and RM 721. Market pricing typically extends from RM 578.25 to RM 632.75, reflecting moderate variation in unit pricing. The spread of RM 54.50 (IQR) and deviation of RM 116 (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. Moderate transaction volume may require patience when buying or selling.

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GRAVIT8, Klang, Selangor

OSM