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 661K to RM 698K, and a typical market range of RM 618K to RM 698K.

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 376 and RM 400. 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 12, 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

OSM

Track location

Transactions

11 transactions grouped by size

1,650 sqft
Double Storey Shop
RM 688,000
BANDAR NEWPARK
1,650 sqft · RM 417 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375 PSF
RM 658,000
BANDAR NEWPARK
1,650 sqft · RM 399 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375 PSF
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375 PSF
1,800 sqft
Double Storey Shop
RM 698,000
BANDAR NEWPARK
1,800 sqft · RM 388 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft · RM 388 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft · RM 388 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft · RM 388 PSF
RM 698,000
BANDAR NEWPARK
1,800 sqft · RM 388 PSF

No Properties For Sale

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

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