Area Intelligence

TAMAN MELAWATI

9 properties
3-Storey Storey Shop
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Median Price
RM 1,980,000
PSF: RM 1,122

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 1,980,000

IQR: RM 291
MAD: RM 151
RM 1,122 PSF 0.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MELAWATI in Gombak, Selangor recorded 9 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.98 million and a median price per square foot (PSF) of RM 1,122.

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 1.98 million, with most transactions falling within a stable range of RM 1.81 million to RM 2.15 million, and a typical market range of RM 1.75 million to RM 2.35 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 1,122, with most transactions between RM 1,033 and RM 1,211. The usual range is RM 794.00 to RM 1,450.00, showing that most units are priced quite close to each other. With an IQR of RM 656.00 and MAD of RM 89, 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

OSM

Transactions

9 properties grouped by size

1,650 sqft
1 units 3-Storey Storey Shop
RM 1,750,000
LORONG KEDAH
1,658 sqft · RM 1,056.00 PSF
Jun 2023
1,750 sqft
8 units 3-Storey Storey Shop
RM 1,900,000
JLN BANDAR 2
1,755 sqft · RM 1,083.00 PSF
Aug 2024
RM 2,000,000
LORONG SARAWAK
1,765 sqft · RM 1,133.00 PSF
Mar 2024
RM 1,980,000
JALAN BANDAR 4
1,765 sqft · RM 1,122.00 PSF
Jul 2023
RM 2,350,000
JLN BANDAR 4
1,765 sqft · RM 1,331.00 PSF
Jun 2023
RM 2,200,000
LORONG SARAWAK
1,760 sqft · RM 1,250.00 PSF
Feb 2023
RM 1,871,000
JALAN SELANGOR
1,755 sqft · RM 1,066.00 PSF
Aug 2022
RM 1,900,000
LORONG KEDAH MELAWATI URBAN 1/BK TM12
1,765 sqft · RM 1,076.00 PSF
Feb 2022
RM 2,100,000
LORONG KEDAH
1,765 sqft · RM 1,190.00 PSF
Nov 2021