Sungai Bakau in Gombak, Selangor recorded 3 subsale transactions in 2023, with a median price of RM4.85 million and a median price per square foot (PSF) of RM117.

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 RM4.85 million, with most transactions falling within a stable range of RM230K to RM16.07 million, and a typical market range of RM3.58 million to RM6.12 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM117, though individual units vary from RM54 to RM180 in the core range. The broader market spans RM70.05 to RM163.55, indicating diverse property characteristics. A wider spread (IQR: RM93.50) and deviation (MAD: RM63) 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.