Area Intelligence

BANDAR BARU RAWANG

3 properties
2021
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Median Price
RM 840,000
PSF: RM 415

Commercial Market

Median Price

RM 840,000

IQR: RM 521
MAD: RM 272
RM 415 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR BARU RAWANG in Gombak, Selangor recorded 3 subsale transactions in 2021, with a median price of RM 840K and a median price per square foot (PSF) of RM 415.

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 840K, with most transactions falling within a stable range of RM 332K to RM 1.35 million, and a typical market range of RM 433K to RM 1.25 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 415, though individual units vary from RM 298 to RM 532 in the core range. The broader market spans RM 154.38 to RM 675.63, indicating diverse property characteristics. A wider spread (IQR: RM 521.25) and deviation (MAD: RM 117) 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

3 properties grouped by size

750 sqft
1 units Office Lot
RM 140,000
763 sqft · RM 183.00 PSF
Jan 2021
1,900 sqft
1 units Double Storey Shop
RM 840,000
JALAN BANDAR RAWANG 3
1,894 sqft · RM 443.00 PSF
Sep 2021
3,350 sqft
1 units 3-Storey Storey Shop
RM 1,380,000
JALAN BANDAR RAWANG 3
3,326 sqft · RM 415.00 PSF
Nov 2021