PEKAN GEMAS

Area Intelligence

2022

Median Price

RM 530,000

PSF: RM 265

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Commercial PSF Trends

Median Price

RM 530,000

RM 265 PSF

PEKAN GEMAS in Tampin, Negeri Sembilan recorded 3 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 265.

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 530K, with most transactions falling within a stable range of RM 530K to RM 540K, and a typical market range of RM 530K to RM 548K.

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

For price per square foot, the median is RM 265, with most transactions between RM 260 and RM 270. The usual range is RM 237.13 to RM 292.88, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 5, 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.

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PEKAN GEMAS, Tampin, Negeri Sembilan

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