Selangor, Malaysia
Gombak is a backwater town located very much on the outskirts of the city, that is occupied mostly by those of the Malay ethnicity group. It is located close to Batu Caves and is close to the Karak Highway that leads to Genting Highlands.
Gombak is considered to be a very out-of-the-way township, where the residents still live a very peaceful village type of lifestyle amidst trees and and nature. In fact, one of the Orang Asli’s (aborigine) settlements is also located within this town.
Investing in Gombak is not something that has ever crossed any investor’s mind as the township is extremely laid-back with no new developments, where land is aplenty that it is still possible to buy your own plot of land and build your own home.
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KARAK Highway, NSE Highway, AH2 Highway, LDP Highway, DUKE Highway
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This chart represents the ethnic group of residents in Gombak. *
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An ethnic group or ethnicity is a socially defined category of people who identify with each other based on common ancestral, social, cultural or national experience. (Wikipedia)
* Data obtained from official source.
This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).
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Transacted Prices will give you an idea of the neighbourhood’s property price trend.
Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Gombak *
* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area
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This is a representation of Selangor Consumer Price Index (CPI) for the year of 2011 - 2015
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A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)
The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.
The above graph shows 1.644% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.448% in the year 2014 while surging by 2.523% in 2015.
While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 111.0 in 2014, 113.8 in 2015.
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