Area Intelligence

BATU RAKIT

79 properties
2022
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Median Price
RM 335,000
PSF: RM 110

Residential Market

Median Price

RM 335,000

IQR: RM 46
MAD: RM 23
RM 110 PSF 1.2%

PSF Trends (2021-2025)

BATU RAKIT in Kuala Nerus, Terengganu recorded 79 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 110.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 251K to RM 419K, and a typical market range of RM 272K to RM 398K.

Most transactions involved 2 - 2 1/2 storey terraced2 - 2, with high diversity across multiple property types.

Price per square foot shows a median of RM 110, though individual units vary from RM 81 to RM 139 in the core range. The broader market spans RM 93.38 to RM 126.63, indicating diverse property characteristics. A wider spread (IQR: RM 33.25) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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BATU RAKIT, Kuala Nerus, Terengganu

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Transactions

79 properties found

Single Storey Semi-D
OFF JLN MERANG-BATU RAKIT (PL 2264)
RM 360,000
PSF: RM 88.00
Area: 4,069 sqft
Date: May 2022
Single Storey Semi-D
OFF JLN BATU RAKIT-MARAS (PL:8868
RM 320,000
PSF: RM 103.00
Area: 3,111 sqft
Date: May 2022
Single Storey Semi-D
OFF JLN K TRG-BATU RAKIT
RM 330,000
PSF: RM 119.00
Area: 2,777 sqft
Date: May 2022
Single Storey Terraced
OFF JLN BATU RAKIT-MARAS
RM 228,000
PSF: RM 123.00
Area: 1,851 sqft
Date: May 2022
Single Storey Terraced
OFF JLN BATU RAKIT-MARAS
RM 220,000
PSF: RM 126.00
Area: 1,744 sqft
Date: May 2022
Single Storey Terraced
OFF JLN BATU RAKIT-MARAS
RM 220,000
PSF: RM 125.00
Area: 1,755 sqft
Date: May 2022
Single Storey Semi-D
JLN K TRG-BATU RAKIT (PL17862)
RM 360,000
PSF: RM 128.00
Area: 2,820 sqft
Date: Apr 2022
Detached
OFF JLN BATU RAKIT-MERANG (PL 21361
RM 430,000
PSF: RM 64.00
Area: 6,771 sqft
Date: Apr 2022
Single Storey Semi-D
JLN MERANG - K.TRG
RM 320,000
PSF: RM 118.00
Area: 2,702 sqft
Date: Apr 2022
Detached
OFF JLN BATU RAKIT-K TRG
RM 550,000
PSF: RM 103.00
Area: 5,360 sqft
Date: Apr 2022
Single Storey Terraced
OFF JLN BATU RAKIT-MARAS
RM 220,000
PSF: RM 125.00
Area: 1,765 sqft
Date: Mar 2022
Single Storey Semi-D
OFF JLN BATU RAKIT-MARAS (PL: 7565
RM 300,000
PSF: RM 117.00
Area: 2,573 sqft
Date: Mar 2022
Detached
OFF JLN BATU RAKIT-K TRG
RM 450,000
PSF: RM 83.00
Area: 5,403 sqft
Date: Mar 2022
Single Storey Semi-D
OFF JLN BATU RAKIT-MARAS (PL:8868
RM 335,000
PSF: RM 70.00
Area: 4,779 sqft
Date: Mar 2022
Single Storey Semi-D
JLN K TRG-BATU RAKIT
RM 355,000
PSF: RM 90.00
Area: 3,929 sqft
Date: Mar 2022
Single Storey Semi-D
JLN MERANG - K.TRG
RM 320,000
PSF: RM 118.00
Area: 2,713 sqft
Date: Feb 2022
Single Storey Semi-D
OFF JLN K.TRG/BATU RAKIT
RM 330,000
PSF: RM 113.00
Area: 2,928 sqft
Date: Feb 2022
Single Storey Semi-D
OFF JLN MARAS-PADANG NANAS (PL 16588)
RM 360,000
PSF: RM 67.00
Area: 5,360 sqft
Date: Feb 2022
Single Storey Terraced
OFF JLN BATU RAKIT-KT
RM 220,000
PSF: RM 132.00
Area: 1,668 sqft
Date: Feb 2022
Single Storey Terraced
OFF JLN BATU RAKIT-MARAS
RM 245,000
PSF: RM 119.00
Area: 2,056 sqft
Date: Feb 2022
Double Storey Semi-D
OFF JLN BATU RAKIT-K TRG (PL 9381)
RM 435,000
PSF: RM 93.00
Area: 4,693 sqft
Date: Feb 2022
Single Storey Terraced
OFF JLN K.TRG - BATU RAKIT
RM 205,000
PSF: RM 108.00
Area: 1,905 sqft
Date: Feb 2022
Single Storey Semi-D
OFF JLN MERANG-BATU RAKIT (PL 2264)
RM 340,000
PSF: RM 79.00
Area: 4,306 sqft
Date: Jan 2022
Single Storey Semi-D
OFF JLN BATU RAKIT-MARAS (PL: 7565
RM 320,000
PSF: RM 107.00
Area: 3,003 sqft
Date: Jan 2022
Single Storey Semi-D
OFF JLN BATU RAKIT- KT
RM 375,000
PSF: RM 56.00
Area: 6,706 sqft
Date: Jan 2022
Single Storey Semi-D
OFF JLN MERANG-BATU RAKIT (PL 2264)
RM 360,000
PSF: RM 83.00
Area: 4,359 sqft
Date: Jan 2022
Detached
OFF JLN BATU RAKIT-MARAS PL 10712
RM 480,000
PSF: RM 98.00
Area: 4,898 sqft
Date: Jan 2022
Single Storey Semi-D
JLN MERANG - K.TRG
RM 320,000
PSF: RM 118.00
Area: 2,723 sqft
Date: Jan 2022
Single Storey Semi-D
JLN K TRG-BATU RAKIT (PL17862)
RM 340,000
PSF: RM 118.00
Area: 2,885 sqft
Date: Jan 2022