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 563K to RM 957K, and a typical market range of RM 625K to RM 895K.

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 433 to RM 685 in the core range. The broader market spans RM 484.50 to RM 633.50, indicating diverse property characteristics. The spread of RM 149.00 (IQR) and deviation of RM 126 (MAD) suggest moderate price variations reflecting different property features.

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.