PEKAN NENAS

PEKAN NENAS in Pontian, Johor recorded 2 subsale transactions in 2021, with a median price of RM 625K and a median price per square foot (PSF) of RM 376.

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 625K, with most transactions falling within a stable range of RM 500K to RM 750K, and a typical market range of RM 500K to RM 750K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 376, with core pricing between RM 306 and RM 446. Market pricing typically extends from RM 197.63 to RM 554.38, reflecting moderate variation in unit pricing. The spread of RM 356.75 (IQR) and deviation of RM 70 (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.