Selangor
Klang
Kapar
BANDAR BARU KLANG

BANDAR BARU KLANG

Area Intelligence

2023

Median Price

RM 389,500

PSF: RM 269

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Residential PSF Trends

Median Price

RM 499,000

PSF: RM 278

Commercial PSF Trends

Median Price

RM 380,000

RM 261 PSF

BANDAR BARU KLANG in Klang, Selangor recorded 4 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 390K and a median price per square foot (PSF) of RM 269.

This area contains both residential and commercial properties. View 16 residential properties or 27 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 390K, with most transactions falling within a stable range of RM 321K to RM 458K, and a typical market range of RM 306K to RM 499K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 269, with most transactions between RM 243 and RM 295. The usual range is RM 121.20 to RM 417.20, showing that most units are priced quite close to each other. With an IQR of RM 296.00 and MAD of RM 26, 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.

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BANDAR BARU KLANG, Klang, Selangor

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