Pekan Gemas
Commercial Transaction Prices
Pekan Gemas is a township/project located in Tampin, Negeri Sembilan. The median transacted price for Pekan Gemas is RM 515,000 with a median transacted price of RM 290.04 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 515,000
-4.63% YoY
Lower: RM 512,500
Upper: RM 565,000
Median price per sq.ft. (psf)
RM 290.04
7.41% YoY
Lower: RM 257.54
Upper: RM 400.32
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Pekan Gemas Median Price Psf
Latest Transactions from Jul 23 to Jun 24
(5 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| June 2024 | Shop | Freehold | B'dar Gemas | 1,999.72 sq.ft | 2,929.50 sq.ft | RM 580,000 | RM 290 |
| September 2023 | Shop | Freehold | Jalan Lintang | 1,999.67 sq.ft | 2,466.87 sq.ft | RM 515,000 | RM 258 |
| September 2023 | Shop | Freehold | Jalan Lintang | 1,999.72 sq.ft | 2,466.87 sq.ft | RM 515,000 | RM 258 |
| August 2023 | Shop | Leasehold | Station Keretapi Gemas | 1,323.96 sq.ft | 2,466.87 sq.ft | RM 550,000 | RM 415 |
| July 2023 | Shop | Leasehold | B'dar Gemas | 1,323.96 sq.ft | 2,466.87 sq.ft | RM 510,000 | RM 385 |
June 2024
Type: Shop
Tenure: Freehold
Road: B'dar Gemas
Land Area: 1,999.72 sq.ft
Build Area: 2,929.50 sq.ft
Transaction: RM 580,000
Price PSF: RM 290
September 2023
Type: Shop
Tenure: Freehold
Road: Jalan Lintang
Land Area: 1,999.67 sq.ft
Build Area: 2,466.87 sq.ft
Transaction: RM 515,000
Price PSF: RM 258
September 2023
Type: Shop
Tenure: Freehold
Road: Jalan Lintang
Land Area: 1,999.72 sq.ft
Build Area: 2,466.87 sq.ft
Transaction: RM 515,000
Price PSF: RM 258
August 2023
Type: Shop
Tenure: Leasehold
Road: Station Keretapi Gemas
Land Area: 1,323.96 sq.ft
Build Area: 2,466.87 sq.ft
Transaction: RM 550,000
Price PSF: RM 415
July 2023
Type: Shop
Tenure: Leasehold
Road: B'dar Gemas
Land Area: 1,323.96 sq.ft
Build Area: 2,466.87 sq.ft
Transaction: RM 510,000
Price PSF: RM 385
Frequently Asked Questions
What factors affect commercial property prices in Pekan Gemas, Tampin?
Commercial property prices in Pekan Gemas, Tampin are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Pekan Gemas, Tampin?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Pekan Gemas, Tampin.
How have commercial property prices changed recently in Pekan Gemas, Tampin?
In the past 12 months, commercial property prices in Pekan Gemas, Tampin have decreased by -4.63% YoY.
What is the median price for commercial property in Pekan Gemas, Tampin?
The median price for commercial property in Pekan Gemas, Tampin is RM 515,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.