Commercial Market
Median Price
RM 1,000,000
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 1 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 704.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 704, with most transactions between RM 704 and RM 704. The usual range is RM 696.25 to RM 711.75, 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 0 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LEBUH PULAU PINANG
|
RM 1,000,000
|
RM 704.00
|
1,421 sqft
|
Sep 2022
|