Area Intelligence

PEKAN GEMENCHEH BARU

2 properties
2022
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Median Price
RM 422,500
PSF: RM 273

Commercial Market

Median Price

RM 422,500

IQR: RM 62
MAD: RM 33
RM 273 PSF 13.0%

PSF Trends (2021-2025)

PEKAN GEMENCHEH BARU in Tampin, Negeri Sembilan recorded 2 subsale transactions in 2022, with a median price of RM 423K and a median price per square foot (PSF) of RM 273.

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 423K, with most transactions falling within a stable range of RM 400K to RM 445K, and a typical market range of RM 404K to RM 441K.

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

The median PSF stands at RM 273, with core pricing between RM 227 and RM 318. Market pricing typically extends from RM 241.63 to RM 303.38, reflecting moderate variation in unit pricing. The spread of RM 61.75 (IQR) and deviation of RM 46 (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.

Area Location

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PEKAN GEMENCHEH BARU, Tampin, Negeri Sembilan

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Transactions

2 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 445,000
GEMENCHEH BARU
1,399 sqft · RM 318.00 PSF
Jun 2022
1,750 sqft
1 units Double Storey Shop
RM 400,000
PEKAN GEMENCHEH BARU
1,760 sqft · RM 227.00 PSF
Jun 2022