Area Intelligence

BANDAR NEWPARK

25 properties
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Median Price
RM 698,000
PSF: RM 388

Commercial Market

Median Price

RM 698,000

IQR: RM 91
MAD: RM 29
RM 388 PSF 57.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR NEWPARK in Kluang, Johor recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 698K and a median price per square foot (PSF) of RM 388.

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 698K, with most transactions falling within a stable range of RM 558K to RM 838K, and a typical market range of RM 588K to RM 808K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 388, with most transactions between RM 359 and RM 417. The usual range is RM 342.50 to RM 433.50, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 29, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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BANDAR NEWPARK, Kluang, Johor

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Filter by type, year, price, and size

Transactions

25 properties grouped by size

1,200 sqft
4 units Double Storey Shop
RM 200,000
JLN SETIA MUTIARA
1,195 sqft · RM 167.00 PSF
Jul 2024
RM 200,000
JLN SETIA MUTIARA
1,195 sqft · RM 167.00 PSF
Apr 2024
RM 200,000
JLN SETIA MUTIARA
1,206 sqft · RM 166.00 PSF
Apr 2024
RM 200,000
JLN SETIA MUTIARA
1,195 sqft · RM 167.00 PSF
Mar 2024
1,600 sqft
1 units Double Storey Shop
RM 266,000
JLN SETIA MUTIARA
1,593 sqft · RM 167.00 PSF
Apr 2024
1,650 sqft
6 units Double Storey Shop
RM 688,000
BANDAR NEWPARK
1,650 sqft · RM 417.00 PSF
Dec 2023
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375.00 PSF
Jun 2023
RM 658,000
BANDAR NEWPARK
1,650 sqft · RM 399.00 PSF
Jun 2023
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375.00 PSF
Feb 2023
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375.00 PSF
Feb 2023
RM 618,000
BANDAR NEWPARK
1,650 sqft · RM 375.00 PSF
Feb 2023
1,800 sqft
7 units
RM 698,000
Double Storey Shop BANDAR NEWPARK
1,800 sqft · RM 388.00 PSF
Oct 2023
RM 838,000
3-Storey Storey Shop BANDAR NEWPARK
1,800 sqft · RM 466.00 PSF
Oct 2023
RM 698,000
Double Storey Shop BANDAR NEWPARK
1,800 sqft · RM 388.00 PSF
Aug 2023
RM 698,000
Double Storey Shop BANDAR NEWPARK
1,800 sqft · RM 388.00 PSF
Aug 2023
RM 838,000
Double Storey Shop BANDAR NEWPARK
1,800 sqft · RM 466.00 PSF
Aug 2023
RM 698,000
Double Storey Shop BANDAR NEWPARK
1,800 sqft · RM 388.00 PSF
Aug 2023
RM 698,000
Double Storey Shop BANDAR NEWPARK
1,800 sqft · RM 388.00 PSF
Jul 2023
2,300 sqft
1 units 3-Storey Storey Shop
RM 830,000
BANDAR NEWPARK
2,288 sqft · RM 363.00 PSF
Feb 2023
2,450 sqft
1 units Double Storey Shop
RM 920,000
BANDAR NEWPARK
2,427 sqft · RM 379.00 PSF
Jun 2023
2,650 sqft
3 units 3-Storey Storey Shop
RM 1,330,000
BANDAR NEWPARK
2,640 sqft · RM 504.00 PSF
Feb 2024
RM 1,330,000
BANDAR NEWPARK
2,640 sqft · RM 504.00 PSF
Aug 2023
RM 1,630,000
BANDAR NEWPARK
2,640 sqft · RM 617.00 PSF
Aug 2023
2,900 sqft
2 units
RM 1,380,000
Double Storey Shop BANDAR NEWPARK
2,888 sqft · RM 478.00 PSF
Aug 2023
RM 1,680,000
3-Storey Storey Shop BANDAR NEWPARK
2,888 sqft · RM 582.00 PSF
Aug 2023