BANDAR NEWPARK

Area Intelligence
2024
Median Price
RM 200,000
PSF: RM 167

Commercial PSF Trends

Median Price

RM 200,000

RM 167 PSF

BANDAR NEWPARK in Kluang, Johor recorded 6 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 167.

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 200K, with most transactions falling within a stable range of RM 200K to RM 617K, and a typical market range of RM 200K to RM 310K.

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

Price per square foot shows a median of RM 167, though individual units vary from RM 41 to RM 293 in the core range. The broader market spans RM 121.50 to RM 212.50, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 126) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR NEWPARK, Kluang, Johor

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Transactions

6 transactions found

RM 200,000
JALAN SETIA MUTIARA
1,195 sqft RM 167.00 PSF
RM 200,000
JALAN SETIA MUTIARA
1,195 sqft RM 167.00 PSF
RM 200,000
JALAN SETIA MUTIARA
1,206 sqft RM 166.00 PSF
RM 266,000
JALAN SETIA MUTIARA
1,593 sqft RM 167.00 PSF
RM 200,000
JALAN SETIA MUTIARA
1,195 sqft RM 167.00 PSF
RM 1,330,000
BANDAR NEWPARK
2,640 sqft RM 504.00 PSF

No Properties For Sale

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

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