KAWASAN PERINDUSTRIAN NILAI 3 in Seremban, Negeri Sembilan recorded 14 subsale transactions in 2023, with a median price of RM 540K and a median price per square foot (PSF) of RM 238.
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 540K, with most transactions falling within a stable range of RM 750K to RM 592K, and a typical market range of RM 750K to RM 745K.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 238, with most transactions between RM 221 and RM 254. The usual range is RM 202.50 to RM 272.50, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 17, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
