KAWASAN PEKAN NENAS

KAWASAN PEKAN NENAS in Pontian, Johor recorded 2 subsale transactions in 2022, with a median price of RM 24.03 million and a median price per square foot (PSF) of RM 62.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 24.03 million, with most transactions falling within a stable range of RM 9.65 million to RM 38.40 million, and a typical market range of RM 14.96 million to RM 33.10 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 62, with core pricing between RM 50 and RM 74. Market pricing typically extends from RM 54.25 to RM 69.75, reflecting moderate variation in unit pricing. The spread of RM 15.50 (IQR) and deviation of RM 12 (MAD) suggest moderate price variations reflecting different property features.

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.