Negeri Sembilan, Seremban, Bandar Nilai Utama Sek.1

BANDAR BARU NILAI

Area Intelligence

2023

Median Price

RM 650,000

PSF: RM 362

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Commercial PSF Trends

Median Price

RM 650,000

RM 362 PSF

Property Types

3-Storey Shop

50 transactions

RM 765K

4-Storey Shop

16 transactions

RM 893K

Double Storey Shop

6 transactions

RM 415K

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.

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

For price per square foot, the median is RM 362, with most transactions between RM 362 and RM 362. The usual range is RM 276.00 to RM 448.00, showing that most units are priced quite close to each other. With an IQR of RM 172.00 and MAD of RM 0, 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 BARU NILAI, Seremban, Negeri Sembilan

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