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 620K to RM 940K, and a typical market range of RM 618K to RM 943K.
Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 417, with core pricing between RM 334 and RM 500. Market pricing typically extends from RM 331.00 to RM 503.00, reflecting moderate variation in unit pricing. 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.
