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 grouped by size

550 sqft
1 units Service Apartment
RM 270,000
549 sqft · RM 492.00 PSF
Dec 2023
650 sqft
1 units Service Apartment
RM 380,000
635 sqft · RM 598.00 PSF
Jan 2023
1,050 sqft
2 units Service Apartment
RM 663,000
1,044 sqft · RM 635.00 PSF
Dec 2023
RM 580,000
1,033 sqft · RM 561.00 PSF
Sep 2023
1,150 sqft
2 units Service Apartment
RM 679,000
1,152 sqft · RM 590.00 PSF
May 2023
RM 671,000
1,130 sqft · RM 594.00 PSF
Feb 2023
1,450 sqft
1 units 4-Storey Storey Shop
RM 1,500,000
JLN BAYU LAUT 4B/KS09
1,440 sqft · RM 1,042.00 PSF
May 2023
1,650 sqft
5 units 4-Storey Storey Shop
RM 1,580,000
JLN BAYU LAUT 4B/KS09
1,650 sqft · RM 958.00 PSF
Aug 2023
RM 1,650,000
JLN BAYU LAUT 1/KS09
1,647 sqft · RM 1,002.00 PSF
Jun 2023
RM 1,680,000
JALAN BAYU LAUT 4/KS09
1,647 sqft · RM 1,020.00 PSF
Mar 2023
RM 1,400,000
JLN BAYU LAUT 1/KS09
1,647 sqft · RM 850.00 PSF
Feb 2023
RM 1,400,000
JLN BAYU LAUT 4B/KS09
1,650 sqft · RM 848.00 PSF
Feb 2023