BANDAR NEWPARK

Area Intelligence
2023
Median Price
RM 698,000
PSF: RM 388

Commercial PSF Trends

Median Price

RM 698,000

RM 388 PSF

BANDAR NEWPARK in Kluang, Johor recorded 19 subsale transactions in 2023, with a median price of RM 698K and a median price per square foot (PSF) of RM 388.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 698K, with most transactions falling within a stable range of RM 618K to RM 1.04 million, and a typical market range of RM 618K to RM 808K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 388, with core pricing between RM 316 and RM 460. Market pricing typically extends from RM 342.50 to RM 433.50, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 72 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR NEWPARK, Kluang, Johor

OSM

Track location

Transactions

19 transactions found

RM 688,000
BANDAR NEWPARK
1,650 sqft RM 417.00 PSF
RM 838,000
BANDAR NEWPARK
1,800 sqft RM 466.00 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft RM 388.00 PSF
RM 838,000
BANDAR NEWPARK
1,800 sqft RM 466.00 PSF
RM 1,680,000
BANDAR NEWPARK
2,888 sqft RM 582.00 PSF
RM 1,630,000
BANDAR NEWPARK
2,640 sqft RM 617.00 PSF
RM 1,330,000
BANDAR NEWPARK
2,640 sqft RM 504.00 PSF
RM 1,380,000
BANDAR NEWPARK
2,888 sqft RM 478.00 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft RM 388.00 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft RM 388.00 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft RM 388.00 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft RM 388.00 PSF
RM 920,000
BANDAR NEWPARK
2,427 sqft RM 379.00 PSF
RM 658,000
BANDAR NEWPARK
1,650 sqft RM 399.00 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft RM 375.00 PSF
RM 830,000
BANDAR NEWPARK
2,288 sqft RM 363.00 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft RM 375.00 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft RM 375.00 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft RM 375.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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