NEW CITY BUSINESS CENTRE

NEW CITY BUSINESS CENTRE in Klang, Selangor recorded 3 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 704.

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 1.00 million, with most transactions falling within a stable range of RM 950K to RM 1.30 million, and a typical market range of RM 950K to RM 1.16 million.

Within the 4-Storey Shop category, 4 - 4 1/2 storey shop dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 704, with most transactions between RM 661 and RM 747. The usual range is RM 678.50 to RM 729.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 43, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.