Area Intelligence

TAMAN MELAWATI

2 properties
2021
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Median Price
RM 610,000
PSF: RM 727

Residential Market

Median Price

RM 610,000

IQR: RM 110
MAD: RM 60
RM 727 PSF 9.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,250,000

IQR: RM 2
MAD: RM 2
RM 1,044 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MELAWATI in Gombak, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 610K and a median price per square foot (PSF) of RM 727.

This area contains both residential and commercial properties. View 33 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 610K, with most transactions falling within a stable range of RM 500K to RM 720K, and a typical market range of RM 500K to RM 720K.

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

The median PSF stands at RM 727, with core pricing between RM 596 and RM 857. Market pricing typically extends from RM 669.75 to RM 783.25, reflecting moderate variation in unit pricing. The spread of RM 113.50 (IQR) and deviation of RM 131 (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.

Area Location

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TAMAN MELAWATI, Gombak, Selangor

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Transactions

2 properties grouped by size

850 sqft
2 units Double Storey Terraced
RM 500,000
JALAN J5
840 sqft · RM 596.00 PSF
Dec 2021
RM 720,000
JALAN J2
840 sqft · RM 857.00 PSF
Nov 2021