BANDAR NEWPARK

Area Intelligence
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 0 subsale transactions between 2021 and 2025, 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 558K to RM 838K, and a typical market range of RM 588K to RM 808K.

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

For price per square foot, the median is RM 388, with most transactions between RM 359 and RM 417. The usual range is RM 342.50 to RM 433.50, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

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

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