BANDAR BARU NILAI in Seremban, Negeri Sembilan recorded 5 subsale transactions in 2021, with a median price of RM 780K and a median price per square foot (PSF) of RM 417.
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 780K, with most transactions falling within a stable range of RM 759K to RM 800K, and a typical market range of RM 750K to RM 800K.
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 417, with most transactions between RM 397 and RM 437. The usual range is RM 331.00 to RM 503.00, showing that most units are priced quite close to each other. With an IQR of RM 172.00 and MAD of RM 20, 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.
