Area Intelligence

NEW CITY BUSINESS CENTRE

2 properties
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Median Price
RM 975,000
PSF: RM 720

Commercial Market

Median Price

RM 975,000

IQR: RM 16
MAD: RM 16
RM 720 PSF 4.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

NEW CITY BUSINESS CENTRE in Klang, Selangor recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 975K and a median price per square foot (PSF) of RM 720.

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 975K, with most transactions falling within a stable range of RM 950K to RM 1.00 million, and a typical market range of RM 963K to RM 988K.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 720, with most transactions between RM 704 and RM 735. The usual range is RM 711.75 to RM 727.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.50 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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.

Area Location

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NEW CITY BUSINESS CENTRE, Klang, Selangor

OSM

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Transactions

2 properties grouped by size

1,300 sqft
1 units 4-Storey Storey Shop
RM 950,000
LEBOH PULAU PINANG
1,292 sqft · RM 735.00 PSF
Apr 2023
1,400 sqft
1 units 4-Storey Storey Shop
RM 1,000,000
LEBUH PULAU PINANG
1,421 sqft · RM 704.00 PSF
Sep 2022