Area Intelligence

PEKAN NENAS

12 properties
Double Storey Shop
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Median Price
RM 725,000
PSF: RM 432

Commercial Market

Median Price

RM 725,000

IQR: RM 357
MAD: RM 192
RM 432 PSF 30.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN NENAS in Pontian, Johor recorded 12 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 725K and a median price per square foot (PSF) of RM 432.

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 725K, with most transactions falling within a stable range of RM 462K to RM 989K, and a typical market range of RM 400K to RM 1.16 million.

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

Price per square foot shows a median of RM 432, though individual units vary from RM 341 to RM 522 in the core range. The broader market spans RM 253.13 to RM 609.88, indicating diverse property characteristics. The spread of RM 356.75 (IQR) and deviation of RM 90 (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.

Area Location

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PEKAN NENAS, Pontian, Johor

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Transactions

12 properties grouped by size

1,600 sqft
1 units Double Storey Shop
RM 525,000
JLN BESAR PEKAN NENAS
1,600 sqft · RM 328.00 PSF
Feb 2024
1,650 sqft
2 units Double Storey Shop
RM 400,000
JLN BESAR PEKAN NENAS
1,636 sqft · RM 244.00 PSF
Mar 2022
RM 500,000
JLN BESAR PEKAN NENAS
1,636 sqft · RM 306.00 PSF
Dec 2021
1,700 sqft
6 units Double Storey Shop
RM 700,000
JLN PERMATA 4
1,680 sqft · RM 417.00 PSF
Nov 2023
RM 638,000
KG BARU PEKAN NENAS
1,680 sqft · RM 380.00 PSF
Nov 2023
RM 860,000
KG BARU PEKAN NENAS
1,680 sqft · RM 512.00 PSF
Nov 2023
RM 780,000
KG BARU PEKAN NENAS
1,680 sqft · RM 464.00 PSF
Oct 2022
RM 750,000
KG BARU PEKAN NENAS
1,680 sqft · RM 446.00 PSF
Jun 2022
RM 750,000
JLN PERMATA 4
1,680 sqft · RM 446.00 PSF
Nov 2021
2,200 sqft
1 units Double Storey Shop
RM 580,000
JLN SAWAH
2,196 sqft · RM 264.00 PSF
Jul 2024
2,300 sqft
1 units Double Storey Shop
RM 1,175,000
JLN PERMATA 4
2,297 sqft · RM 512.00 PSF
Nov 2023
2,800 sqft
1 units Double Storey Shop
RM 1,350,000
JLN PERMATA 4
2,807 sqft · RM 481.00 PSF
Jan 2022