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 510K to RM 531K, and a typical market range of RM 510K to RM 533K.

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

Price per square foot shows a median of RM 322, though individual units vary from RM 250 to RM 393 in the core range. The broader market spans RM 293.63 to RM 349.38, indicating diverse property characteristics. The spread of RM 55.75 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

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.