NILAI INDUSTRIAL ZONE

NILAI INDUSTRIAL ZONE in Seremban, Negeri Sembilan recorded 2 subsale transactions in 2023, with a median price of RM 449K and a median price per square foot (PSF) of RM 174.

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 449K, with most transactions falling within a stable range of RM 430K to RM 468K, and a typical market range of RM 430K to RM 468K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 174, though individual units vary from RM 69 to RM 279 in the core range. The broader market spans RM 135.75 to RM 212.25, indicating diverse property characteristics. A wider spread (IQR: RM 76.50) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.