BANDAR PENGGARAM LOCAL COUNCIL

Area Intelligence
2023
Median Price
RM 605,000
PSF: RM 337

Residential PSF Trends

Median Price

RM 607,500

PSF: RM 273

Commercial PSF Trends

Median Price

RM 580,000

RM 368 PSF

BANDAR PENGGARAM LOCAL COUNCIL in Batu Pahat, Johor recorded 24 subsale transactions in 2023, with a median price of RM 605K and a median price per square foot (PSF) of RM 337.

This area contains both residential and commercial properties. View 16 residential properties or 45 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 605K, with most transactions falling within a stable range of RM 547K to RM 660K, and a typical market range of RM 500K to RM 660K.

Most transactions involved low-cost house1 - 1 1, with high diversity across multiple property types.

The median PSF stands at RM 337, with core pricing between RM 279 and RM 394. Market pricing typically extends from RM 241.75 to RM 431.25, reflecting moderate variation in unit pricing. The spread of RM 189.50 (IQR) and deviation of RM 57 (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. Moderate transaction volume may require patience when buying or selling.

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BANDAR PENGGARAM LOCAL COUNCIL, Batu Pahat, Johor

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