PAGAR BESI in Kuala Nerus, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 370K and a median price per square foot (PSF) of RM 122.
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 340K to RM 400K, and a typical market range of RM 339K to RM 401K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 122, with core pricing between RM 103 and RM 141. Market pricing typically extends from RM 104.50 to RM 139.50, reflecting moderate variation in unit pricing. The spread of RM 35.00 (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. 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.
