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 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
2 units
RM 1,300,000
Double Storey Shop JALAN BANDAR RAWANG 15
1,654 sqft · RM 786.00 PSF
Jun 2024
RM 1,050,000
3-Storey Storey Shop JALAN BANDAR RAWANG 12
1,650 sqft · RM 636.00 PSF
Apr 2024
1,700 sqft
1 units Office Lot
RM 210,000
1,722 sqft · RM 122.00 PSF
Aug 2024
2,600 sqft
1 units Shop/Retail Lot
RM 960,000
2,597 sqft · RM 370.00 PSF
Jan 2024
31,750 sqft
1 units Shop/Retail Lot
RM 4,600,000
31,764 sqft · RM 145.00 PSF
Jan 2024