Area Intelligence

PEKAN NENAS

4 properties
Single Storey Shop
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Median Price
RM 290,000
PSF: RM 188

Commercial Market

Median Price

RM 290,000

IQR: RM 357
MAD: RM 192
RM 188 PSF 30.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN NENAS in Pontian, Johor recorded 4 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 290K and a median price per square foot (PSF) of RM 188.

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 290K, with most transactions falling within a stable range of RM 283K to RM 297K, and a typical market range of RM 280K to RM 300K.

Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 188, with most transactions between RM 185 and RM 190. The usual range is RM 9.13 to RM 365.88, showing that most units are priced quite close to each other. With an IQR of RM 356.75 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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PEKAN NENAS, Pontian, Johor

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Transactions

4 properties grouped by size

1,550 sqft
3 units Single Storey Shop
RM 280,000
JLN BAHAGIA 1 (TMN BAHAGIA)
1,539 sqft · RM 182.00 PSF
Sep 2024
RM 290,000
JLN BAHAGIA 1
1,539 sqft · RM 188.00 PSF
Jun 2023
RM 290,000
JLN BAHAGIA 1
1,540 sqft · RM 188.00 PSF
Jun 2023
1,600 sqft
1 units Single Storey Shop
RM 300,000
LRG B-1
1,604 sqft · RM 187.00 PSF
Sep 2022