BANDAR BARU NILAI

BANDAR BARU NILAI in Seremban, Negeri Sembilan recorded 19 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 362.

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 650K, with most transactions falling within a stable range of RM 476K to RM 824K, and a typical market range of RM 474K to RM 826K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 362, though individual units vary from RM 281 to RM 443 in the core range. The broader market spans RM 273.63 to RM 450.38, indicating diverse property characteristics. The spread of RM 176.75 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

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.