Area Intelligence

BATU RAKIT

4 properties
Double Storey Terraced
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Median Price
RM 327,500
PSF: RM 234

Residential Market

Median Price

RM 327,500

IQR: RM 46
MAD: RM 23
RM 234 PSF 1.2%

PSF Trends (2021-2025)

BATU RAKIT in Kuala Nerus, Terengganu recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 328K and a median price per square foot (PSF) of RM 234.

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 328K, with most transactions falling within a stable range of RM 290K to RM 393K, and a typical market range of RM 290K to RM 391K.

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

The median PSF stands at RM 234, with core pricing between RM 206 and RM 262. Market pricing typically extends from RM 217.38 to RM 250.63, reflecting moderate variation in unit pricing. With an IQR of RM 33.25 and MAD of RM 28, 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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BATU RAKIT, Kuala Nerus, Terengganu

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Transactions

4 properties grouped by size

1,400 sqft 3 units Double Storey Terraced
RM 290,000 - 365,000 PSF: RM 225
Road Price PSF Size Date
OFF JLN K TRG-BATU RAKIT
RM 290,000
RM 207.00
1,399 sqft
Jan 2025
OFF JLN K TRG-BATU RAKIT
RM 290,000
RM 207.00
1,399 sqft
Nov 2024
OFF JLN K TRG-BATU RAKIT
RM 365,000
RM 261.00
1,399 sqft
Aug 2024
1,700 sqft 1 units Double Storey Terraced
RM 450,000 PSF: RM 266
Road Price PSF Size Date
OFF JLN BATU RAKIT-K TRG
RM 450,000
RM 266.00
1,690 sqft
Dec 2021