Area Intelligence

TAMAN MELAWATI

7 properties
2023
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Median Price
RM 550,000
PSF: RM 595

Residential Market

Median Price

RM 550,000

IQR: RM 110
MAD: RM 60
RM 595 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 7 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 595.

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 550K, with most transactions falling within a stable range of RM 410K to RM 714K, and a typical market range of RM 439K to RM 662K.

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

The median PSF stands at RM 595, with core pricing between RM 524 and RM 666. Market pricing typically extends from RM 538.25 to RM 651.75, reflecting moderate variation in unit pricing. With an IQR of RM 113.50 and MAD of RM 71, 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 MELAWATI, Gombak, Selangor

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Transactions

7 properties grouped by size

850 sqft
4 units Double Storey Terraced
RM 500,000
JALAN J1
840 sqft · RM 595.00 PSF
Sep 2023
RM 440,000
JALAN J14
840 sqft · RM 524.00 PSF
Jul 2023
RM 410,000
JLN J3
840 sqft · RM 488.00 PSF
Mar 2023
RM 550,000
JLN J1
840 sqft · RM 655.00 PSF
Jan 2023
1,100 sqft
2 units Double Storey Terraced
RM 565,000
JLN J13
1,076 sqft · RM 525.00 PSF
Nov 2023
RM 755,000
JLN J11
1,080 sqft · RM 699.00 PSF
Oct 2023
1,500 sqft
1 units Double Storey Terraced
RM 900,000
JALAN K3
1,505 sqft · RM 598.00 PSF
Oct 2023