Area Intelligence

PEKAN NENAS

6 properties
3-Storey Storey Shop
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Median Price
RM 1,447,000
PSF: RM 841

Commercial Market

Median Price

RM 1,447,000

IQR: RM 357
MAD: RM 192
RM 841 PSF 30.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN NENAS in Pontian, Johor recorded 6 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 841.

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 1.45 million, with most transactions falling within a stable range of RM 1.39 million to RM 1.70 million, and a typical market range of RM 1.39 million to RM 1.88 million.

Within the 3-Storey 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 841, with most transactions between RM 771 and RM 910. The usual range is RM 662.13 to RM 1,018.88, showing that most units are priced quite close to each other. With an IQR of RM 356.75 and MAD of RM 70, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN NENAS, Pontian, Johor

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Transactions

6 properties grouped by size

1,700 sqft
4 units 3-Storey Storey Shop
RM 1,434,000
SUMMIT COMMERCIAL HUB @ TROPICANA U
1,680 sqft · RM 853.00 PSF
Jul 2024
RM 1,434,000
SUMMIT COMMERCIAL HUB @ TROPICANA UPLAND
1,680 sqft · RM 853.00 PSF
Jul 2024
RM 1,492,000
SUMMIT COMMERCIAL HUB @ TROPICANA UPLAND
1,680 sqft · RM 888.00 PSF
Mar 2024
RM 1,392,000
SUMMIT COMMERCIAL HUB @ TROPICANA U
1,680 sqft · RM 828.00 PSF
Nov 2023
1,750 sqft
1 units 3-Storey Storey Shop
RM 1,460,000
SUMMIT COMMERCIAL HUB @ TROPICANA UPLAND
1,763 sqft · RM 828.00 PSF
Jul 2024
3,150 sqft
1 units 3-Storey Storey Shop
RM 2,127,000
SUMMIT COMMERCIAL HUB @ TROPICANA UPLAND
3,170 sqft · RM 671.00 PSF
Dec 2023