OAKLAND COMMERCIAL CENTRE in Seremban, Negeri Sembilan recorded 12 subsale transactions in 2023, sized between 2,000 and 5,000 sqft, with a median price of RM 563K and a median price per square foot (PSF) of RM 196.
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 563K, with most transactions falling within a stable range of RM 404K to RM 722K, and a typical market range of RM 415K to RM 710K.
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 196, though individual units vary from RM 27 to RM 366 in the core range. The broader market spans RM 36.21 to RM 356.71, indicating diverse property characteristics. A wider spread (IQR: RM 320.50) and deviation (MAD: RM 170) indicate significant PSF variations, likely due to diverse property types or conditions.
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.