ARAB MALAYSIAN INDUSTRIAL PARK (NILAI)

ARAB MALAYSIAN INDUSTRIAL PARK (NILAI) in Seremban, Negeri Sembilan recorded 5 subsale transactions in 2023, with a median price of RM 6.00 million and a median price per square foot (PSF) of RM 180.

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 6.00 million, with most transactions falling within a stable range of RM 900K to RM 13.59 million, and a typical market range of RM 1.83 million to RM 10.18 million.

Most transactions involved detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 180, with most transactions between RM 162 and RM 198. The usual range is RM 156.50 to RM 203.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

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.