PEKAN RAWANG

PEKAN RAWANG in Gombak, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 631.

This area contains both residential and commercial properties. View 1 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.03 million, with most transactions falling within a stable range of RM 795K to RM 1.20 million, and a typical market range of RM 881K to RM 1.18 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 631, though individual units vary from RM 489 to RM 772 in the core range. The broader market spans RM 520.38 to RM 740.63, indicating diverse property characteristics. The spread of RM 220.25 (IQR) and deviation of RM 141 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.