Area Intelligence

M RESIDENCE 2

20 properties
2023
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Median Price
RM 516,500
PSF: RM 373

Residential Market

Median Price

RM 516,500

IQR: RM 60
MAD: RM 33
RM 373 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

M RESIDENCE 2 in Gombak, Selangor recorded 20 subsale transactions in 2023, with a median price of RM 517K and a median price per square foot (PSF) of RM 373.

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 517K, with most transactions falling within a stable range of RM 336K to RM 697K, and a typical market range of RM 432K to RM 602K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 373, with core pricing between RM 310 and RM 436. Market pricing typically extends from RM 343.00 to RM 403.00, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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M RESIDENCE 2, Gombak, Selangor

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Transactions

20 properties grouped by size

850 sqft
1 units Condo/Apartment
RM 195,000
850 sqft · RM 229.00 PSF
Sep 2023
1,300 sqft
14 units (showing 6) Double Storey Terraced
RM 600,000
JALAN MR 2/16
1,300 sqft · RM 462.00 PSF
Nov 2023
RM 495,000
JALAN MR 2/14
1,300 sqft · RM 381.00 PSF
Oct 2023
RM 620,000
JALAN MR 2/18
1,300 sqft · RM 477.00 PSF
Oct 2023
RM 450,000
JALAN MR 2/22
1,300 sqft · RM 346.00 PSF
Oct 2023
RM 550,000
JALAN MR 2/14
1,300 sqft · RM 423.00 PSF
Sep 2023
RM 475,000
JALAN MR 2/19
1,300 sqft · RM 365.00 PSF
Sep 2023
1,400 sqft
1 units Double Storey Terraced
RM 430,000
JALAN MR 2/20
1,399 sqft · RM 307.00 PSF
May 2023
2,100 sqft
2 units Double Storey Semi-D
RM 680,000
JALAN MR 2/10
2,080 sqft · RM 327.00 PSF
Dec 2023
RM 850,000
JALAN MR 2/7
2,080 sqft · RM 409.00 PSF
Jun 2023
2,950 sqft
1 units Double Storey Semi-D
RM 730,000
JALAN MR 2/8
2,943 sqft · RM 248.00 PSF
Aug 2023
3,400 sqft
1 units Double Storey Semi-D
RM 1,100,000
JALAN MR 2/20
3,400 sqft · RM 324.00 PSF
Mar 2023