Rengit Local Council

83100 Rengit, Johor, Malaysia

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Selling in Rengit Local Council? Homes here sold for a median of RM748,000.

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Market Snapshot

Commercial

RM748,000

RM559 psf

Median transaction price

Rengit Local Council in Batu Pahat, Johor recorded 0 subsale transactions in 2023, with a median price of RM748K and a median price per square foot (PSF) of RM559.

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 RM748K, with most transactions falling within a stable range of RM733K to RM764K, and a typical market range of RM663K to RM833K.

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

For price per square foot, the median is RM559, with most transactions between RM532 and RM586. The usual range is RM516.38 to RM601.63, showing that most units are priced quite close to each other. With an IQR of RM85.25 and MAD of RM27, 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.