GEMS RESIDENCES (IOI RESORT) in Sepang, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 869K and a median price per square foot (PSF) of RM 740.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 869K, with most transactions falling within a stable range of RM 815K to RM 923K, and a typical market range of RM 800K to RM 937K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 740, with most transactions between RM 710 and RM 771. The usual range is RM 705.00 to RM 775.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.