Area Intelligence

PAGAR BESI

4 properties
2023
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Median Price
RM 370,000
PSF: RM 145

Residential Market

Median Price

RM 370,000

IQR: RM 18
MAD: RM 12
RM 145 PSF 18.7%

PSF Trends (2021-2025)

PAGAR BESI in Kuala Nerus, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 145.

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 370K, with most transactions falling within a stable range of RM 360K to RM 387K, and a typical market range of RM 360K to RM 399K.

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

Price per square foot shows a median of RM 145, though individual units vary from RM 0 to RM 747 in the core range. The broader market spans RM 125.50 to RM 164.50, indicating diverse property characteristics. A wider spread (IQR: RM 39.00) and deviation (MAD: RM 602) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PAGAR BESI, Kuala Nerus, Terengganu

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Transactions

4 properties grouped by size

250 sqft 1 units Single Storey Semi-D
RM 360,000 PSF: RM 1,526
Road Price PSF Size Date
OFF JLN BT RAKIT - MERANG (PL: 911
RM 360,000
RM 1,526.00
236 sqft
Nov 2023
2,550 sqft 2 units Single Storey Semi-D
RM 360,000 - 380,000 PSF: RM 145
Road Price PSF Size Date
JALAN BATU RAKIT/MERANG (P/L: 9114
RM 360,000
RM 141.00
2,562 sqft
Jan 2023
OFF JLN BT RAKIT - MERANG (PL: 813
RM 380,000
RM 149.00
2,551 sqft
Jan 2023
3,400 sqft 1 units Single Storey Semi-D
RM 400,000 PSF: RM 118
Road Price PSF Size Date
JALAN BATU RAKIT/MERANG (P/L: 9114
RM 400,000
RM 118.00
3,380 sqft
Feb 2023