Pagar Besi

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

18 subsales grouped by size · Semi-D →

Period
transactions middle 50% (P25–P75)
250 sqft
Semi-D
RM360,000
Off Jalan Batu Rakit - Merang (Pl: 911
236 sqft · RM1,526 PSF
2,450 sqft
Semi-D
RM350,000
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft · RM143 PSF
RM350,000
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft · RM143 PSF
RM340,000
Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft · RM139 PSF
2,550 sqft
Semi-D
RM360,000
Jalan Batu Rakit/Merang (P/L: 9114
2,562 sqft · RM141 PSF
RM380,000
Off Jalan Batu Rakit - Merang (Pl: 813
2,551 sqft · RM149 PSF
2,700 sqft
Semi-D
RM330,000
Off Jalan Batu Rakit - Merang (Pl: 813
2,702 sqft · RM122 PSF
2,850 sqft
Semi-D
RM335,000
Off Jalan Batu Rakit - Merang (Pl: 22
2,831 sqft · RM118 PSF
3,000 sqft
Semi-D
RM370,000
Off Jalan Batu Rakit - Merang (Pl: 90
2,982 sqft · RM124 PSF
RM370,000
Off Jalan Batu Rakit - Merang (Pl: 22
3,014 sqft · RM123 PSF
3,250 sqft
Semi-D
RM400,000
Off Jalan Batu Rakit - Merang (Pl: 90
3,261 sqft · RM123 PSF
3,400 sqft
Semi-D
RM400,000
Jalan Batu Rakit/Merang (P/L: 9114
3,380 sqft · RM118 PSF
3,600 sqft
Bungalow
RM260,000
Off Jalan Batu Rakit-Merang(Bawah Lot
3,584 sqft · RM73 PSF
4,250 sqft
Semi-D
RM415,000
Off Jalan Batu Rakit - Merang (Pl: 90
4,273 sqft · RM97 PSF
4,700 sqft
Bungalow
RM450,000
Off Jalan Batu Rakit-Merang
4,693 sqft · RM96 PSF
4,950 sqft
Bungalow
RM450,000
Mengabang Panjang, Off Jalan Merang-Batu Rakit
4,930 sqft · RM91 PSF
5,900 sqft
Bungalow
RM320,000
Off Jalan Batu Rakit-Merang
5,920 sqft · RM54 PSF
6,450 sqft
Bungalow
RM540,000
Off Jalan Merang-Batu Rakit
6,469 sqft · RM83 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM450,000

RM83 psf

Median transaction price

Pagar Besi in Kuala Nerus, Terengganu recorded 18 subsale transactions between 2021 and 2026, with a median price of RM365K and a median price per square foot (PSF) of RM123.

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 RM365K, with most transactions falling within a stable range of RM333K to RM398K, and a typical market range of RM336K to RM394K.

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

The median PSF stands at RM123, with core pricing between RM102 and RM143. Market pricing typically extends from RM100.52 to RM144.77, reflecting moderate variation in unit pricing. The spread of RM44.25 (IQR) and deviation of RM21 (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. 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.