Area Intelligence

BANDAR BARU RAWANG

6 properties
2024
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Median Price
RM 1,095,000
PSF: RM 503

Commercial Market

Median Price

RM 1,095,000

IQR: RM 521
MAD: RM 272
RM 503 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR BARU RAWANG in Gombak, Selangor recorded 6 subsale transactions in 2024, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 503.

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 1.10 million, with most transactions falling within a stable range of RM 210K to RM 2.50 million, and a typical market range of RM 688K to RM 1.50 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 503, though individual units vary from RM 238 to RM 768 in the core range. The broader market spans RM 242.38 to RM 763.63, indicating diverse property characteristics. A wider spread (IQR: RM 521.25) and deviation (MAD: RM 265) 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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BANDAR BARU RAWANG, Gombak, Selangor

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Transactions

6 properties found

Office Lot
RM 210,000
1,722 sqft Aug 2024
RM 122.00 PSF
Double Storey Shop JALAN BANDAR RAWANG 15
RM 1,300,000
1,654 sqft Jun 2024
RM 786.00 PSF
3-Storey Storey Shop JALAN BANDAR RAWANG 12
RM 1,050,000
1,650 sqft Apr 2024
RM 636.00 PSF
Double Storey Shop JALAN BANDAR RAWANG 2
RM 1,140,000
1,604 sqft Mar 2024
RM 711.00 PSF
Shop/Retail Lot
RM 960,000
2,597 sqft Jan 2024
RM 370.00 PSF
Shop/Retail Lot
RM 4,600,000
31,764 sqft Jan 2024
RM 145.00 PSF