NEW CITY BUSINESS CENTRE

Area Intelligence
2 subsale transactions
2023
Median Price
RM 282,500
PSF: RM 211

Residential PSF Trends

Median Price

RM 165,000

PSF: RM 167

Commercial PSF Trends

Median Price

RM 400,000

RM 255 PSF

NEW CITY BUSINESS CENTRE in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 283K and a median price per square foot (PSF) of RM 211.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 283K, with most transactions falling within a stable range of RM 165K to RM 400K, and a typical market range of RM 242K to RM 324K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 211, though individual units vary from RM 167 to RM 255 in the core range. The broader market spans RM 189.63 to RM 232.38, indicating diverse property characteristics. The spread of RM 42.75 (IQR) and deviation of RM 44 (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.

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NEW CITY BUSINESS CENTRE, Klang, Selangor

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,000 sqft
Flat
RM 165,000
Level 4
990 sqft · RM 167 PSF
1,550 sqft
Shop/Retail Lot
RM 400,000
Level G
1,572 sqft · RM 255 PSF