RENGIT LOCAL COUNCIL

RENGIT LOCAL COUNCIL in Batu Pahat, Johor recorded 7 subsale transactions in 2024, with a median price of RM 760K and a median price per square foot (PSF) of RM 559.

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 760K, with most transactions falling within a stable range of RM 646K to RM 875K, and a typical market range of RM 636K to RM 884K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 559, with most transactions between RM 514 and RM 605. The usual range is RM 493.50 to RM 624.50, showing that most units are priced quite close to each other. With an IQR of RM 131.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.