Area Intelligence

GRAVIT8

13 properties
2024
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Median Price
RM 420,000
PSF: RM 533

Residential Market

Median Price

RM 395,000

IQR: RM 33
MAD: RM 18
RM 533 PSF 4.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 844,500

IQR: RM 210
MAD: RM 148
RM 615 PSF 10.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GRAVIT8 in Klang, Selangor recorded 13 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 533.

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 420K, with most transactions falling within a stable range of RM 270K to RM 616K, and a typical market range of RM 332K to RM 508K.

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

The median PSF stands at RM 533, with core pricing between RM 443 and RM 623. Market pricing typically extends from RM 511.50 to RM 554.50, reflecting moderate variation in unit pricing. The spread of RM 43.00 (IQR) and deviation of RM 90 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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GRAVIT8, Klang, Selangor

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Transactions

13 properties grouped by size

550 sqft
4 units Service Apartment
RM 270,000
549 sqft · RM 492.00 PSF
Aug 2024
RM 270,000
549 sqft · RM 492.00 PSF
May 2024
RM 270,000
549 sqft · RM 492.00 PSF
Mar 2024
RM 270,000
549 sqft · RM 492.00 PSF
Mar 2024
750 sqft
3 units Service Apartment
RM 390,000
732 sqft · RM 533.00 PSF
Nov 2024
RM 395,000
753 sqft · RM 524.00 PSF
Oct 2024
RM 420,000
753 sqft · RM 557.00 PSF
Apr 2024
850 sqft
1 units Service Apartment
RM 550,000
872 sqft · RM 631.00 PSF
Jul 2024
950 sqft
2 units Service Apartment
RM 629,000
947 sqft · RM 664.00 PSF
Aug 2024
RM 540,000
947 sqft · RM 570.00 PSF
Apr 2024
1,050 sqft
1 units Service Apartment
RM 567,000
1,033 sqft · RM 549.00 PSF
Mar 2024
1,100 sqft
1 units Shop/Retail Lot
RM 860,000
1,087 sqft · RM 791.00 PSF
May 2024
1,900 sqft
1 units Shop/Retail Lot
RM 829,000
1,894 sqft · RM 438.00 PSF
May 2024