PEKAN NILAI

PEKAN NILAI in Seremban, Negeri Sembilan recorded 2 subsale transactions in 2022, with a median price of RM 605K and a median price per square foot (PSF) of RM 378.

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 605K, with most transactions falling within a stable range of RM 560K to RM 650K, and a typical market range of RM 570K to RM 640K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 378, with most transactions between RM 350 and RM 406. The usual range is RM 356.50 to RM 399.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 28 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.