Area Intelligence

NEW CITY BUSINESS CENTRE

2 properties
2023
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Median Price
RM 282,500
PSF: RM 211

Residential Market

Median Price

RM 165,000

IQR: RM 21
MAD: RM 20
RM 167 PSF 0.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 400,000

RM 255 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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NEW CITY BUSINESS CENTRE, Klang, Selangor

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Transactions

2 properties grouped by size

1,000 sqft
1 units Flat
RM 165,000
990 sqft · RM 167.00 PSF
Jan 2023
1,550 sqft
1 units Shop/Retail Lot
RM 400,000
1,572 sqft · RM 255.00 PSF
Jun 2023