Area Intelligence

TAMAN MELAWATI

6 properties
2021
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Median Price
RM 625,000
PSF: RM 488

Residential Market

Median Price

RM 625,000

IQR: RM 210
MAD: RM 80
RM 488 PSF 9.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,335,000

IQR: RM 282
MAD: RM 282
RM 943 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MELAWATI in Gombak, Selangor recorded 6 subsale transactions in 2021, with a median price of RM 625K and a median price per square foot (PSF) of RM 488.

This area contains both residential and commercial properties. View 59 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 625K, with most transactions falling within a stable range of RM 350K to RM 979K, and a typical market range of RM 415K to RM 835K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 488, though individual units vary from RM 342 to RM 634 in the core range. The broader market spans RM 384.00 to RM 592.00, indicating diverse property characteristics. A wider spread (IQR: RM 208.00) and deviation (MAD: RM 146) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MELAWATI, Gombak, Selangor

OSM

Transactions

6 properties grouped by size

850 sqft
1 units Double Storey Terraced
RM 500,000
JALAN J1
840 sqft · RM 596.00 PSF
Sep 2021
1,050 sqft
2 units Condo/Apartment
RM 405,000
1,066 sqft · RM 380.00 PSF
Dec 2021
RM 350,000
1,066 sqft · RM 328.00 PSF
Oct 2021
1,250 sqft
1 units Double Storey Terraced
RM 750,000
JALAN F8
1,259 sqft · RM 596.00 PSF
Nov 2021
1,350 sqft
1 units Double Storey Terraced
RM 800,000
JALAN N4
1,343 sqft · RM 596.00 PSF
Dec 2021
5,850 sqft
1 units Double Storey Terraced
RM 1,400,000
JALAN P3
5,834 sqft · RM 240.00 PSF
Dec 2021