Area Intelligence

TAMAN MELAWATI

14 properties
Double Storey Shop
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Median Price
RM 1,940,000
PSF: RM 1,062

Residential Market

Median Price

RM 800,000

IQR: RM 114
MAD: RM 66
RM 445 PSF 1.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,940,000

IQR: RM 291
MAD: RM 151
RM 1,062 PSF 0.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MELAWATI in Gombak, Selangor recorded 14 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.94 million and a median price per square foot (PSF) of RM 1,062.

This area contains both residential and commercial properties. View 71 residential properties or 34 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.94 million, with most transactions falling within a stable range of RM 1.20 million to RM 2.68 million, and a typical market range of RM 1.37 million to RM 2.52 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 1,062, though individual units vary from RM 805 to RM 1,319 in the core range. The broader market spans RM 734.00 to RM 1,390.00, indicating diverse property characteristics. The spread of RM 656.00 (IQR) and deviation of RM 257 (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

OSM

Transactions

14 properties grouped by size

1,400 sqft
2 units Double Storey Shop
RM 890,000
JLN H3
1,399 sqft · RM 636.00 PSF
Dec 2024
RM 1,240,000
JALAN H3
1,400 sqft · RM 886.00 PSF
Mar 2022
1,750 sqft
9 units (showing 6) Double Storey Shop
RM 2,260,000
JALAN BANDAR 3
1,755 sqft · RM 1,288.00 PSF
Sep 2024
RM 2,400,000
JLN BANDAR 2
1,755 sqft · RM 1,368.00 PSF
Jul 2024
RM 1,980,000
JALAN BANDAR 3
1,755 sqft · RM 1,129.00 PSF
Mar 2024
RM 2,150,000
JALAN BANDAR 2
1,755 sqft · RM 1,225.00 PSF
Mar 2024
RM 2,000,000
JLN BANDAR 2
1,765 sqft · RM 1,133.00 PSF
Feb 2024
RM 1,550,000
JALAN BANDAR 1
1,755 sqft · RM 883.00 PSF
Nov 2023
2,700 sqft
1 units Double Storey Shop
RM 1,800,000
JLN E1
2,701 sqft · RM 666.00 PSF
Jun 2023
3,250 sqft
1 units Double Storey Shop
RM 1,800,000
JALAN H3
3,268 sqft · RM 551.00 PSF
Jan 2023
5,950 sqft
1 units Double Storey Shop
RM 4,300,000
JALAN E1
5,952 sqft · RM 722.00 PSF
Mar 2023