Area Intelligence

PRIMA AVENUE COMMERCE@RAWANG

3 properties
2022
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Median Price
RM 2,588,000
PSF: RM 999

Commercial Market

Median Price

RM 2,588,000

IQR: RM 65
MAD: RM 50
RM 999 PSF 6.5%

PSF Trends (2021-2025)

PRIMA AVENUE COMMERCE@RAWANG in Gombak, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 2.59 million and a median price per square foot (PSF) of RM 999.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.59 million, with most transactions falling within a stable range of RM 1.99 million to RM 2.72 million, and a typical market range of RM 1.99 million to RM 2.72 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 999, with most transactions between RM 971 and RM 1,027. The usual range is RM 966.50 to RM 1,031.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 28, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PRIMA AVENUE COMMERCE@RAWANG, Gombak, Selangor

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Transactions

3 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 1,398,000
JALAN BATU ARANG (OFF JLN VELOX)
1,399 sqft · RM 999.00 PSF
Jun 2022
2,550 sqft
1 units Double Storey Shop
RM 2,588,000
OFF JALAN BATU ARANG (OFF TMN VELOX)
2,551 sqft · RM 1,014.00 PSF
Jun 2022
2,850 sqft
1 units Double Storey Shop
RM 2,718,000
OFF JALAN BATU ARANG (OFF TMN VELOX)
2,863 sqft · RM 949.00 PSF
Jun 2022