The median sale at Gombak, Kuala Lumpur, Malaysia is RM 385,000
Overview
Formed in 1974, Gombak is one of the nine districts of Selangor. It has five sub-districts or mukim – Hulu Kelang, Setapak, Batu, Rawang and Ampang. There are four Parliamentary constitutions and nine State Legislative Assemblies in Gombak.
Gombak covers 65,008 ham with a population of 682,226 as of 2010. Gombak has been rapidly growing in terms of economy and its population, reasons include the proximity to Kuala Lumpur and being a part of Klang Valley. Property industry in this district is catching up to the capital, and several infrastructure projects especially highways, roads and transportation is said to be a catalyst for its further growth.
Gombak is well-known for its tourist spots, namely Batu Caves, the Forest Research Institute Malaysia, Orang Asli Museum, Batu Dam, Tasik Biru Kundang, National Zoo and forest reserves and parks such as Hutan Lipur Bukit Lagong, Hutan Lipur Kanching, Hutan Lipur Sungai Tua, Templer Park and Commonwealth Forest Park.
Development of high-rise properties in Gombak has been growing in the recent years showing the high interest of city dwellers in acquiring properties here and the change of lifestyle of the locals.
Property developers are looking into Gombak as it offers potential and capital appreciation. Government initiatives such as the River of Life project and transportation project such as the MRT is expected to give Gombak a boost for its property market.
The type of properties in Gombak varies from low cost for high-end properties.
Amenities and Facilities
Gombak has two government hospitals – Hospital Selayang and Hospital Sungai Buloh and several private hospital, clinic, both government and private, covering all areas in the district.
Gombak offers plenty of shopping facilities such as Selayang Star City Mall, M3 Mall, Aeon Rawang, Tesco Rawang, Giant Batu Caves, Mydin Rawang and Pasar Borong Selayang.
Gombak is also well for its educational hub such as the International Islamic University Malaysia and UniKL British Malaysia Institute, among others. It also has various public and private schools.
Accessibility and Transportation
Gombak is highly accessible, thanks to its rapid growth of infrastructure. Located in the fringe of Kuala Lumpur, Gombak enjoys the various major roads connecting to it. It is accessible via Duta-Ulu Kelang Expressway or DUKE, Ampang-Kuala Lumpur Elevated Highway or AKLEH, Middle Ring Road I and II (MRR I and MRR II), Guthrie Highway, North-South Highway or PLUS, and Damansara-Puchong Highway. There are a few proposed highways such as Sungai Besi-Ulu Kelang Expressway, East Klang Valley Expressway and Kuala Lumpur Outer Ring Road, which is expected to boost Gombak’s connectivity.
Gombak is also accessible via public transports such as buses, KTM, LRT and MRT.
Past Transactions
Project / TownShips | Type | Median Price Psf | Median Price | Filed Transactions |
---|---|---|---|---|
Taman Koperasi Polis Fasa 2 | Terrace House | RM 409 | RM 394,257 | 82 Transactions |
Putra Villa | Condominium/Apartment | RM 435 | RM 501,435 | 46 Transactions |
Taman Melewar | Terrace House,Semi-Detached House | RM 304 | RM 490,391 | 32 Transactions |
Taman Rowther | Semi-Detached House,Terrace House | RM 445 | RM 950,807 | 31 Transactions |
Mahasa Villa Apartment | Condominium/Apartment | RM 332 | RM 307,091 | 11 Transactions |
Taman Sri Melati | Terrace House | RM 517 | RM 570,000 | 6 Transactions |
Taman Changkat Desa | Terrace House,Semi-Detached House | RM 240 | RM 494,000 | 5 Transactions |
Taman Karak Utama | Terrace House | RM 221 | RM 330,000 | 4 Transactions |
Check out all transactions.
Rent and Sale Prices in Gombak
Bedrooms | Sale Price | Monthly Rent | Rental Yield |
---|---|---|---|
1 | RM -- | RM -- | -- |
2 | RM -- | RM -- | -- |
3 | RM 388,304 | RM 1,645 | 5.08% |
4 | RM -- | RM -- | -- |
5 | RM -- | RM -- | -- |
Price per Square Foot
Sector | Price Psf (Non Landed) | Price Psf (Landed) |
---|---|---|
Area Average | RM 318 | RM 330 |
State Average | RM 475 | RM 509 |