| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Batu Rakit - Merang (Pl: 911
|
RM 360,000
|
RM 1,526
|
236 sqft
|
|
|
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
|
RM 350,000
|
RM 143
|
2,454 sqft
|
|
|
|
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
|
RM 350,000
|
RM 143
|
2,454 sqft
|
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM 340,000
|
RM 139
|
2,454 sqft
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM 335,000
|
RM 118
|
2,831 sqft
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 90
|
RM 370,000
|
RM 124
|
2,982 sqft
|
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM 370,000
|
RM 123
|
3,014 sqft
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 90
|
RM 400,000
|
RM 123
|
3,261 sqft
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 90
|
RM 415,000
|
RM 97
|
4,273 sqft
|
|
|
Off Jalan Batu Rakit-Merang
|
RM 450,000
|
RM 96
|
4,693 sqft
|
|
|
Mengabang Panjang, Off Jalan Merang-Batu Rakit
|
RM 450,000
|
RM 91
|
4,930 sqft
|
|
|
Off Jalan Merang-Batu Rakit
|
RM 540,000
|
RM 83
|
6,469 sqft
|
|
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Market Snapshot
ResidentialRM 370,000
RM 123 psfMedian transaction price
Pagar Besi in Kuala Nerus, Terengganu recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 370K and a median price per square foot (PSF) of RM 123.
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 335K to RM 428K, and a typical market range of RM 341K 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 123, though individual units vary from RM 0 to RM 513 in the core range. The broader market spans RM 100.58 to RM 144.83, indicating diverse property characteristics. A wider spread (IQR: RM 44.25) and deviation (MAD: RM 390) 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.