NEW CITY BUSINESS CENTRE
Residential Market
Median Price
RM 165,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 400,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
3 properties
Median Price
RM 149,250
+23.6% CAGR
Median PSF
RM 167.25
-0.3% CAGR
4-Storey Storey Shop
2 properties
Median Price
RM 975,000
-5.0% CAGR
Median PSF
RM 719.50
+4.4% CAGR
Shop/Retail Lot
1 properties
Median Price
RM 400,000
Median PSF
RM 255.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Flat | 3 |
RM 149,250
±16K MAD
|
+23.60% |
RM 167.25
±0 MAD
|
-0.30% | |
4-Storey Storey Shop | 2 |
RM 975,000
±25K MAD
|
-5.00% |
RM 719.50
±16 MAD
|
+4.40% | |
Shop/Retail Lot | 1 |
RM 400,000
|
- |
RM 255.00
|
- |
NEW CITY BUSINESS CENTRE in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 283K and a median price per square foot (PSF) of RM 211.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 283K, with most transactions falling within a stable range of RM 165K to RM 400K, and a typical market range of RM 242K to RM 324K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 211, though individual units vary from RM 167 to RM 255 in the core range. The broader market spans RM 189.63 to RM 232.38, indicating diverse property characteristics. The spread of RM 42.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop/Retail Lot |
|
RM 400,000
|
RM 255.00
|
1,572 sqft
|
Jun 2023
|
Flat |
|
RM 165,000
|
RM 167.00
|
990 sqft
|
Jan 2023
|