Area Intelligence

PEKAN NENAS INDUSTRIAL PARK

6 properties
2023
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Median Price
RM 4,190,000
PSF: RM 163

Commercial Market

Median Price

RM 4,190,000

IQR: RM 17
RM 163 PSF 3.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN NENAS INDUSTRIAL PARK in Pontian, Johor recorded 6 subsale transactions in 2023, with a median price of RM 4.19 million and a median price per square foot (PSF) of RM 163.

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 4.19 million, with most transactions falling within a stable range of RM 3.00 million to RM 5.74 million, and a typical market range of RM 4.09 million to RM 4.29 million.

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

The median PSF stands at RM 163, with core pricing between RM 137 and RM 189. Market pricing typically extends from RM 150.50 to RM 175.50, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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

6 properties grouped by size

18,500 sqft
1 units Semi-D Factory
RM 3,000,000
JLN INDUSTRI 8
18,492 sqft · RM 162.00 PSF
Mar 2023
19,550 sqft
2 units Semi-D Factory
RM 3,200,000
JLN INDUSTRI 10
19,547 sqft · RM 164.00 PSF
Nov 2023
RM 3,200,000
JLN INDUSTRI 10
19,547 sqft · RM 164.00 PSF
May 2023
39,250 sqft
1 units Detached Factory
RM 7,250,000
JLN INDUSTRI 6
39,267 sqft · RM 185.00 PSF
Aug 2023
42,300 sqft
1 units Detached Factory
RM 5,180,000
JLN INDUSTRI 12
42,324 sqft · RM 122.00 PSF
Jul 2023
48,800 sqft
1 units Detached Factory
RM 5,420,000
JLN INDUSTRI 12
48,814 sqft · RM 111.00 PSF
Jul 2023