PEKAN RANTAU

PEKAN RANTAU in Seremban, Negeri Sembilan recorded 3 subsale transactions in 2023, with a median price of RM 649K and a median price per square foot (PSF) of RM 418.

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 649K, with most transactions falling within a stable range of RM 612K to RM 650K, and a typical market range of RM 577K to RM 650K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 418, with most transactions between RM 380 and RM 456. The usual range is RM 352.25 to RM 483.75, showing that most units are priced quite close to each other. With an IQR of RM 131.50 and MAD of RM 38, 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.