BANDAR NEWPARK

BANDAR NEWPARK in Kluang, Johor recorded 19 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 658K and a median price per square foot (PSF) of RM 379.

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 658K, with most transactions falling within a stable range of RM 370K to RM 946K, and a typical market range of RM 548K to RM 768K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 379, though individual units vary from RM 273 to RM 485 in the core range. The broader market spans RM 333.50 to RM 424.50, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 106) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.