GRAVIT8

Area Intelligence
12 subsale transactions
2023
Median Price
RM 1,039,500
PSF: RM 742

Residential PSF Trends

Median Price

RM 621,500

PSF: RM 592

Commercial PSF Trends

Median Price

RM 1,540,000

RM 980 PSF

GRAVIT8 in Klang, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 742.

This area contains both residential and commercial properties. View 106 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.04 million, with most transactions falling within a stable range of RM 524K to RM 1.56 million, and a typical market range of RM 952K to RM 1.13 million.

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

Price per square foot shows a median of RM 742, though individual units vary from RM 544 to RM 939 in the core range. The broader market spans RM 720.00 to RM 763.00, indicating diverse property characteristics. A wider spread (IQR: RM 43.00) and deviation (MAD: RM 198) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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GRAVIT8, Klang, Selangor

OSM

Transactions

12 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
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
1,050 sqft
Service Apartment
RM 663,000
Level 28
1,044 sqft · RM 635 PSF
RM 580,000
Level 13
1,033 sqft · RM 561 PSF
1,150 sqft
Service Apartment
RM 679,000
Level 14
1,152 sqft · RM 590 PSF
RM 671,000
Level 20
1,130 sqft · RM 594 PSF
1,450 sqft
4-Storey Shop
RM 1,500,000
JALAN BAYU LAUT 4B/KS09
1,440 sqft · RM 1,042 PSF
1,650 sqft
4-Storey Shop
RM 1,580,000
JALAN BAYU LAUT 4B/KS09
1,650 sqft · RM 958 PSF
RM 1,650,000
JALAN BAYU LAUT 1/KS09
1,647 sqft · RM 1,002 PSF
RM 1,680,000
JALAN BAYU LAUT 4/KS09
1,647 sqft · RM 1,020 PSF
RM 1,400,000
JALAN BAYU LAUT 1/KS09
1,647 sqft · RM 850 PSF
RM 1,400,000
JALAN BAYU LAUT 4B/KS09
1,650 sqft · RM 848 PSF