BANDAR BARU SALAK (MEDAN 88)

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 384

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Commercial PSF Trends

Median Price

RM 500,000

RM 384 PSF

BANDAR BARU SALAK (MEDAN 88) in Sepang, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 384.

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 500K, with most transactions falling within a stable range of RM 250K to RM 750K, and a typical market range of RM 244K to RM 756K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 384, though individual units vary from RM 276 to RM 492 in the core range. The broader market spans RM 280.25 to RM 487.75, indicating diverse property characteristics. A wider spread (IQR: RM 207.50) and deviation (MAD: RM 108) 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. 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 SALAK (MEDAN 88), Sepang, Selangor

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