PENGERANG

Johor, Malaysia

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Petrol Station

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Senai-Desaru Expressway, Pengerang Highway

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About This Map

Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

Did you know?

Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Pengerang *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review

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Pengerang is a small town in the southeast side of Johor, adjacent to Singapore and to the south of Desaru. From Pengerang, there is a road leading to Sungai Rengit, a larger town where food and lodgings can be found.

The small town is blessed with an abundance of natural resources, sea life, and unique landform which makes it a popular tourist destination for their neighbours across the Causeway. Another popular tourist destination is the Pengerang coastal batteries which is a heritage trail of World War II. Constructed at the mouth of Sungai Santi, the coastal batteries were eventually abandoned after the war.

In 2011, the Pengerang Integrated Petroleum Complex (PIPC), a project by Rapid, was announced to be sited in the town which will house oil refineries, naphtha crackers, petrochemical plants, and be used as a liquefied natural gas (LNG) import terminal and regasification plant. Even though the project will be able to create job opportunities, the residents protested against the project as it means that many homes, schools, and religious places of worship will be displaced and removed just to make way for the project development.

Rental rates and real estate prices have substantially increased following the successful developments of infrastructure by Petronas and Dialog Group Bhd, an oil and gas multi-discipline technical service provider. If all plans to turn the small town into a major oil and gas hub progresses well, this shows that there is a strong economic potential for property development.

Consumer Price Index

This is a representation of Johor Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.839% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.471% in 2013. Prices of essential goods then increasing to 3.525% in the year 2014 while surging by 2.957% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.2 in 2012, 107.8 in 2013, 111.6 in 2014, 114.9 in 2015.

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