GRAVIT8 in Klang, Selangor recorded 25 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 620.
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 530K, with most transactions falling within a stable range of RM 419K to RM 641K, and a typical market range of RM 432K to RM 629K.
Most transactions involved service apartment, though some variety exists in the market.
For price per square foot, the median is RM 620, with most transactions between RM 598 and RM 642. The usual range is RM 592.75 to RM 647.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 22, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
