Area Intelligence

TAMAN VELOX RAWANG

3 properties
Double Storey Shop
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Median Price
RM 350,000
PSF: RM 218

Residential Market

Median Price

RM 320,000

IQR: RM 77
MAD: RM 42
RM 251 PSF 6.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

IQR: RM 66
MAD: RM 26
RM 218 PSF 9.9%

PSF Trends (2021-2025)

TAMAN VELOX RAWANG in Gombak, Selangor recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 218.

This area contains both residential and commercial properties. View 37 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 335K to RM 424K, and a typical market range of RM 335K to RM 402K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 218, though individual units vary from RM 112 to RM 324 in the core range. The broader market spans RM 177.63 to RM 258.38, indicating diverse property characteristics. A wider spread (IQR: RM 80.75) and deviation (MAD: RM 106) 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 VELOX RAWANG, Gombak, Selangor

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Transactions

3 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 335,000
JALAN VELOX 4
1,539 sqft · RM 218.00 PSF
Aug 2024
RM 500,000
JALAN VELOX 4
1,539 sqft · RM 325.00 PSF
Dec 2022
5,250 sqft
1 units Double Storey Shop
RM 350,000
JALAN VELOX 4
5,231 sqft · RM 67.00 PSF
Aug 2023