Area Intelligence

PEKAN RAWANG

4 properties
2023
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Median Price
RM 1,040,000
PSF: RM 634

Residential Market

Median Price

RM 300,000

RM 62 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,040,000

IQR: RM 215
MAD: RM 110
RM 634 PSF 25.7%

PSF Trends (2021-2025)

PEKAN RAWANG in Gombak, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 634.

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 1.04 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.13 million, and a typical market range of RM 1.03 million to RM 1.19 million.

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

The median PSF stands at RM 634, with core pricing between RM 547 and RM 721. Market pricing typically extends from RM 523.38 to RM 743.63, reflecting moderate variation in unit pricing. With an IQR of RM 220.25 and MAD of RM 87, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN RAWANG, Gombak, Selangor

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Transactions

4 properties grouped by size

1,650 sqft
3 units
RM 1,030,000
3-Storey Storey Shop JALAN BANDAR RAWANG 9
1,650 sqft · RM 624.00 PSF
Oct 2023
RM 1,250,000
Double Storey Shop JALAN MAXWELL
1,633 sqft · RM 765.00 PSF
Aug 2023
RM 1,050,000
Double Storey Shop JALAN WELMAN
1,634 sqft · RM 643.00 PSF
Feb 2023
2,000 sqft
1 units 3-Storey Storey Shop
RM 1,030,000
JALAN MAXWELL
1,981 sqft · RM 520.00 PSF
Apr 2023