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 214K to RM 436K, and a typical market range of RM 227K to RM 424K.
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 523 and RM 567. 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 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
