KAMPUNG BARU PEKAN NENAS

KAMPUNG BARU PEKAN NENAS in Pontian, Johor recorded 4 subsale transactions in 2022, with a median price of RM 353K and a median price per square foot (PSF) of RM 50.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 353K, with most transactions falling within a stable range of RM 215K to RM 490K, and a typical market range of RM 283K to RM 423K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 50, though individual units vary from RM 37 to RM 63 in the core range. The broader market spans RM 34.50 to RM 65.50, indicating diverse property characteristics. A wider spread (IQR: RM 31.00) and deviation (MAD: RM 13) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.