BANDAR NEWPARK

Area Intelligence
Median Price
RM 638,000
PSF: RM 382

Commercial PSF Trends

Median Price

RM 638,000

RM 382 PSF

BANDAR NEWPARK in Kluang, Johor recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 638K and a median price per square foot (PSF) of RM 382.

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 638K, with most transactions falling within a stable range of RM 498K to RM 778K, and a typical market range of RM 528K to RM 748K.

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 382, with most transactions between RM 353 and RM 411. The usual range is RM 336.00 to RM 427.00, 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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