Area Intelligence

BANDAR BARU RAWANG

3 properties
Double Storey Shop
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Median Price
RM 1,140,000
PSF: RM 711

Commercial Market

Median Price

RM 1,140,000

IQR: RM 521
MAD: RM 272
RM 711 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR BARU 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 1.14 million and a median price per square foot (PSF) of RM 711.

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 1.14 million, with most transactions falling within a stable range of RM 949K to RM 1.30 million, and a typical market range of RM 840K to RM 1.30 million.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 711, though individual units vary from RM 564 to RM 858 in the core range. The broader market spans RM 450.38 to RM 971.63, indicating diverse property characteristics. The spread of RM 521.25 (IQR) and deviation of RM 147 (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. 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

3 properties grouped by size

1,600 sqft
1 units Double Storey Shop
RM 1,140,000
JALAN BANDAR RAWANG 2
1,604 sqft · RM 711.00 PSF
Mar 2024
1,650 sqft
1 units Double Storey Shop
RM 1,300,000
JALAN BANDAR RAWANG 15
1,654 sqft · RM 786.00 PSF
Jun 2024
1,900 sqft
1 units Double Storey Shop
RM 840,000
JALAN BANDAR RAWANG 3
1,894 sqft · RM 443.00 PSF
Sep 2021