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Market Snapshot
ResidentialRM 265,000
RM 176 psfMedian transaction price
Jalan Merak Utama, Kampung Seri Gemencheh, 73200 Gemencheh, Negeri Sembilan, Malaysia
MapsTaman Merak in Tampin, Negeri Sembilan recorded 0 subsale transactions in 2021, with a median price of RM 265K and a median price per square foot (PSF) of RM 176.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 265K, with most transactions falling within a stable range of RM 130K to RM 400K, and a typical market range of RM 198K to RM 333K.
Most transactions involved 2 - 2 1/2 stor, with moderate diversity in property types available.
Price per square foot shows a median of RM 176, though individual units vary from RM 109 to RM 243 in the core range. The broader market spans RM 142.50 to RM 209.50, indicating diverse property characteristics. A wider spread (IQR: RM 67.00) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.