Rengit Local Council

83100 Rengit, Johor, Malaysia

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Market Snapshot

Commercial

RM 748,000

RM 559 psf

Median transaction price

Rengit Local Council in Batu Pahat, Johor recorded 0 subsale transactions in 2021, with a median price of RM 748K 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 748K, with most transactions falling within a stable range of RM 733K to RM 764K, and a typical market range of RM 663K to RM 833K.

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 532 and RM 586. The usual range is RM 516.38 to RM 601.63, showing that most units are priced quite close to each other. With an IQR of RM 85.25 and MAD of RM 27, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.