Area Intelligence

BATU RAKIT

2 properties
Double Storey Semi-D
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Median Price
RM 442,500
PSF: RM 112

Residential Market

Median Price

RM 442,500

IQR: RM 46
MAD: RM 23
RM 112 PSF 1.2%

PSF Trends (2021-2025)

BATU RAKIT in Kuala Nerus, Terengganu recorded 2 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 443K and a median price per square foot (PSF) of RM 112.

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 443K, with most transactions falling within a stable range of RM 435K to RM 450K, and a typical market range of RM 435K to RM 450K.

Within the Double Storey Semi-D category, 2 - 2 1/2 storey terraced2 - 2 dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 112, with core pricing between RM 93 and RM 131. Market pricing typically extends from RM 95.38 to RM 128.63, reflecting moderate variation in unit pricing. The spread of RM 33.25 (IQR) and deviation of RM 19 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BATU RAKIT, Kuala Nerus, Terengganu

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Transactions

2 properties grouped by size

3,400 sqft 1 units Double Storey Semi-D
RM 450,000 PSF: RM 131
Road Price PSF Size Date
OFF JLN BATU RAKIT-MARAS (PL 19833)
RM 450,000
RM 131.00
3,423 sqft
Jun 2022
4,700 sqft 1 units Double Storey Semi-D
RM 435,000 PSF: RM 93
Road Price PSF Size Date
OFF JLN BATU RAKIT-K TRG (PL 9381)
RM 435,000
RM 93.00
4,693 sqft
Feb 2022