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 490K to RM 810K, and a typical market range of RM 488K to RM 813K.
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 279 to RM 445 in the core range. The broader market spans RM 276.00 to RM 448.00, indicating diverse property characteristics. The spread of RM 172.00 (IQR) and deviation of RM 83 (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.
