Area Intelligence

TAMAN SRI MELATI

1 properties
2024
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Median Price
RM 500,000
PSF: RM 303

Residential Market

Median Price

RM 500,000

IQR: RM 46
MAD: RM 30
RM 303 PSF 8.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 950,000

RM 576 PSF

PSF Trends (2021-2025)

TAMAN SRI MELATI in Gombak, Selangor recorded 1 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 303.

This area contains both residential and commercial properties. View 3 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 303, with most transactions between RM 303 and RM 303. The usual range is RM 181.50 to RM 424.50, showing that most units are priced quite close to each other. With an IQR of RM 243.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN SRI MELATI, Gombak, Selangor

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Transactions

1 properties grouped by size

1,650 sqft
1 units Single Storey Terraced
RM 500,000
JALAN MELATI 13
1,650 sqft · RM 303.00 PSF
Nov 2024