Area Intelligence

GRAVIT8

12 properties
2023
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Median Price
RM 1,039,500
PSF: RM 742

Residential Market

Median Price

RM 621,500

IQR: RM 33
MAD: RM 18
RM 592 PSF 4.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,540,000

IQR: RM 210
MAD: RM 148
RM 980 PSF 10.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GRAVIT8 in Klang, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 742.

This area contains both residential and commercial properties. View 106 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.04 million, with most transactions falling within a stable range of RM 524K to RM 1.56 million, and a typical market range of RM 952K to RM 1.13 million.

Most transactions involved service apartment, though some variety exists in the market.

Price per square foot shows a median of RM 742, though individual units vary from RM 544 to RM 939 in the core range. The broader market spans RM 720.00 to RM 763.00, indicating diverse property characteristics. A wider spread (IQR: RM 43.00) and deviation (MAD: RM 198) 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.

Area Location

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GRAVIT8, Klang, Selangor

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Transactions

12 properties found

Service Apartment
RM 270,000
549 sqft Dec 2023
RM 492.00 PSF
Service Apartment
RM 663,000
1,044 sqft Dec 2023
RM 635.00 PSF
Service Apartment
RM 580,000
1,033 sqft Sep 2023
RM 561.00 PSF
4-Storey Storey Shop JLN BAYU LAUT 4B/KS09
RM 1,580,000
1,650 sqft Aug 2023
RM 958.00 PSF
4-Storey Storey Shop JLN BAYU LAUT 1/KS09
RM 1,650,000
1,647 sqft Jun 2023
RM 1,002.00 PSF
4-Storey Storey Shop JLN BAYU LAUT 4B/KS09
RM 1,500,000
1,440 sqft May 2023
RM 1,042.00 PSF
Service Apartment
RM 679,000
1,152 sqft May 2023
RM 590.00 PSF
4-Storey Storey Shop JALAN BAYU LAUT 4/KS09
RM 1,680,000
1,647 sqft Mar 2023
RM 1,020.00 PSF
4-Storey Storey Shop JLN BAYU LAUT 1/KS09
RM 1,400,000
1,647 sqft Feb 2023
RM 850.00 PSF
4-Storey Storey Shop JLN BAYU LAUT 4B/KS09
RM 1,400,000
1,650 sqft Feb 2023
RM 848.00 PSF
Service Apartment
RM 671,000
1,130 sqft Feb 2023
RM 594.00 PSF
Service Apartment
RM 380,000
635 sqft Jan 2023
RM 598.00 PSF