PEKAN NENAS

Area Intelligence
2022
Median Price
RM 575,000
PSF: RM 345

Commercial PSF Trends

Median Price

RM 575,000

RM 345 PSF

PEKAN NENAS in Pontian, Johor recorded 4 subsale transactions in 2022, with a median price of RM 575K and a median price per square foot (PSF) of RM 345.

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 575K, with most transactions falling within a stable range of RM 364K to RM 780K, and a typical market range of RM 300K to RM 780K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 345, though individual units vary from RM 223 to RM 467 in the core range. The broader market spans RM 166.63 to RM 523.38, indicating diverse property characteristics. A wider spread (IQR: RM 356.75) and deviation (MAD: RM 122) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN NENAS, Pontian, Johor

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Transactions

4 transactions grouped by size

1,600 sqft
Single Storey Shop
RM 300,000
LORONG B-1
1,604 sqft · RM 187 PSF
1,650 sqft
Double Storey Shop
RM 400,000
JALAN BESAR PEKAN NENAS
1,636 sqft · RM 244 PSF
1,700 sqft
Double Storey Shop
RM 780,000
KAMPUNG BARU PEKAN NENAS
1,680 sqft · RM 464 PSF
RM 750,000
KAMPUNG BARU PEKAN NENAS
1,680 sqft · RM 446 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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