Area Intelligence

RENGIT LOCAL COUNCIL

2 properties
3-Storey Storey Shop
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Median Price
RM 919,000
PSF: RM 539

Commercial Market

Median Price

RM 919,000

IQR: RM 149
MAD: RM 39
RM 539 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RENGIT LOCAL COUNCIL in Batu Pahat, Johor recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 919K and a median price per square foot (PSF) of RM 539.

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 919K, with most transactions falling within a stable range of RM 738K to RM 1.10 million, and a typical market range of RM 784K to RM 1.05 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 539, with most transactions between RM 518 and RM 559. The usual range is RM 464.00 to RM 613.00, showing that most units are priced quite close to each other. With an IQR of RM 149.00 and MAD of RM 21, 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.

Area Location

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RENGIT LOCAL COUNCIL, Batu Pahat, Johor

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Transactions

2 properties grouped by size

1,300 sqft
1 units 3-Storey Storey Shop
RM 738,000
PUSAT PERNIAGAAN RENGIT
1,320 sqft · RM 559.00 PSF
Nov 2024
2,150 sqft
1 units 3-Storey Storey Shop
RM 1,100,000
JLN MADU
2,125 sqft · RM 518.00 PSF
May 2024