PEKAN NENAS in Pontian, Johor recorded 7 subsale transactions in 2024, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 828.
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 1.43 million, with most transactions falling within a stable range of RM 1.41 million to RM 580K, and a typical market range of RM 996K to RM 580K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 828, with most transactions between RM 796 and RM 860. The usual range is RM 649.63 to RM 1,006.38, showing that most units are priced quite close to each other. With an IQR of RM 356.75 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
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.
