RAWANG GREATWAY INDUSTRIAL PARK

RAWANG GREATWAY INDUSTRIAL PARK in Gombak, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 880K and a median price per square foot (PSF) of RM 456.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 880K, with most transactions falling within a stable range of RM 640K to RM 1.33 million, and a typical market range of RM 770K to RM 990K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 456, though individual units vary from RM 276 to RM 636 in the core range. The broader market spans RM 420.00 to RM 492.00, indicating diverse property characteristics. A wider spread (IQR: RM 72.00) and deviation (MAD: RM 180) indicate significant PSF variations, likely due to diverse property types or conditions.

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.