Area Intelligence

PEKAN NENAS INDUSTRIAL PARK

12 properties
2021
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Median Price
RM 3,200,000
PSF: RM 164

Commercial Market

Median Price

RM 3,200,000

IQR: RM 17
RM 164 PSF 3.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN NENAS INDUSTRIAL PARK in Pontian, Johor recorded 12 subsale transactions in 2021, with a median price of RM 3.20 million and a median price per square foot (PSF) of RM 164.

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 3.20 million, with most transactions falling within a stable range of RM 2.65 million to RM 3.91 million, and a typical market range of RM 3.10 million to RM 3.30 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 164, with core pricing between RM 147 and RM 181. Market pricing typically extends from RM 151.50 to RM 176.50, reflecting moderate variation in unit pricing. With an IQR of RM 25.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN NENAS INDUSTRIAL PARK, Pontian, Johor

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Transactions

12 properties grouped by size

19,550 sqft
7 units Semi-D Factory
RM 3,200,000
JLN INDUSTRI 10
19,547 sqft · RM 164.00 PSF
Dec 2021
RM 3,200,000
JLN INDUSTRI 10
19,547 sqft · RM 164.00 PSF
Nov 2021
RM 3,200,000
JLN INDUSTRI 9
19,550 sqft · RM 164.00 PSF
Sep 2021
RM 3,200,000
JLN INDUSTRI 9
19,550 sqft · RM 164.00 PSF
Aug 2021
RM 3,200,000
JLN INDUSTRI 10
19,547 sqft · RM 164.00 PSF
Aug 2021
RM 3,200,000
JLN INDUSTRI 10
19,550 sqft · RM 164.00 PSF
Aug 2021
RM 3,200,000
JLN INDUSTRI 9
19,547 sqft · RM 164.00 PSF
Feb 2021
20,350 sqft
1 units Semi-D Factory
RM 2,650,000
JLN INDUSTRI 6
20,356 sqft · RM 130.00 PSF
May 2021
20,400 sqft
1 units Semi-D Factory
RM 3,200,000
JLN INDUSTRI 6
20,398 sqft · RM 157.00 PSF
May 2021
21,700 sqft
1 units Semi-D Factory
RM 3,200,000
JLN INDUSTRI 9
21,711 sqft · RM 147.00 PSF
Aug 2021
37,700 sqft
1 units Semi-D Factory
RM 4,300,000
JLN INDUSTRI 10
37,706 sqft · RM 114.00 PSF
Feb 2021
42,300 sqft
1 units Detached Factory
RM 5,500,000
JLN INDUSTRI
42,324 sqft · RM 130.00 PSF
Feb 2021