PEKAN NENAS

Area Intelligence
2023
Median Price
RM 780,000
PSF: RM 465

Commercial PSF Trends

Median Price

RM 780,000

RM 465 PSF

PEKAN NENAS in Pontian, Johor recorded 8 subsale transactions in 2023, with a median price of RM 780K and a median price per square foot (PSF) of RM 465.

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 780K, with most transactions falling within a stable range of RM 290K to RM 1.36 million, and a typical market range of RM 342K to RM 1.22 million.

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 465, though individual units vary from RM 258 to RM 671 in the core range. The broader market spans RM 286.13 to RM 642.88, indicating diverse property characteristics. A wider spread (IQR: RM 356.75) and deviation (MAD: RM 207) 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

8 transactions grouped by size

1,550 sqft
Single Storey Shop
RM 290,000
JALAN BAHAGIA 1
1,539 sqft · RM 188 PSF
RM 290,000
JALAN BAHAGIA 1
1,540 sqft · RM 188 PSF
1,700 sqft
RM 700,000
JALAN PERMATA 4
1,680 sqft · RM 417 PSF
RM 638,000
KAMPUNG BARU PEKAN NENAS
1,680 sqft · RM 380 PSF
RM 860,000
KAMPUNG BARU PEKAN NENAS
1,680 sqft · RM 512 PSF
RM 1,392,000
SUMMIT COMMERCIAL HUB @ TROPICANA U
1,680 sqft · RM 828 PSF
2,300 sqft
Double Storey Shop
RM 1,175,000
JALAN PERMATA 4
2,297 sqft · RM 512 PSF
3,150 sqft
3-Storey Shop
RM 2,127,000
SUMMIT COMMERCIAL HUB @ TROPICANA UPLAND
3,170 sqft · RM 671 PSF

No Properties For Sale

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

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