Area Intelligence

RENGIT LOCAL COUNCIL

5 properties
Double Storey Shop
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Median Price
RM 760,000
PSF: RM 559

Commercial Market

Median Price

RM 760,000

IQR: RM 149
MAD: RM 39
RM 559 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RENGIT LOCAL COUNCIL in Batu Pahat, Johor recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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 567K to RM 953K, and a typical market range of RM 625K to RM 895K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 559, though individual units vary from RM 416 to RM 702 in the core range. The broader market spans RM 484.50 to RM 633.50, indicating diverse property characteristics. A wider spread (IQR: RM 149.00) and deviation (MAD: RM 143) 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.

Area Location

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RENGIT LOCAL COUNCIL, Batu Pahat, Johor

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Transactions

5 properties grouped by size

1,300 sqft
1 units Double Storey Shop
RM 738,000
PEKAN RENGIT
1,320 sqft · RM 559.00 PSF
Dec 2024
1,600 sqft
2 units Double Storey Shop
RM 958,000
PUSAT PERNIAGAAN RENGIT
1,601 sqft · RM 598.00 PSF
Oct 2024
RM 500,000
JLN PEJABAT ROS RENGIT
1,600 sqft · RM 313.00 PSF
Feb 2024
1,850 sqft
1 units Double Storey Shop
RM 1,058,000
PUSAT PERNIAGAAN RENGIT
1,856 sqft · RM 570.00 PSF
Oct 2024
2,900 sqft
1 units Double Storey Shop
RM 760,000
JLN MADU
2,908 sqft · RM 261.00 PSF
Jan 2024