RENGIT LOCAL COUNCIL

Area Intelligence
2024
Median Price
RM 760,000
PSF: RM 559

Commercial PSF Trends

Median Price

RM 760,000

RM 559 PSF

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 760K to RM 859K, and a typical market range of RM 760K to RM 884K.

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

Price per square foot shows a median of RM 559, though individual units vary from RM 391 to RM 728 in the core range. The broader market spans RM 493.50 to RM 624.50, indicating diverse property characteristics. A wider spread (IQR: RM 131.00) and deviation (MAD: RM 169) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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RENGIT LOCAL COUNCIL, Batu Pahat, Johor

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Transactions

2 transactions grouped by size

1,600 sqft
Double Storey Shop
RM 958,000
PUSAT PERNIAGAAN RENGIT
1,601 sqft · RM 598 PSF
2,900 sqft
Double Storey Shop
RM 760,000
JALAN MADU
2,908 sqft · RM 261 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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