PEKAN GEMAS

PEKAN GEMAS in Tampin, Negeri Sembilan recorded 4 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 322.

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 515K, with most transactions falling within a stable range of RM 495K to RM 535K, and a typical market range of RM 497K to RM 533K.

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

For price per square foot, the median is RM 322, with most transactions between RM 306 and RM 338. The usual range is RM 293.63 to RM 349.38, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

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.