PAGAR BESI

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 145

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 145

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 400K.

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 127.50 to RM 162.50, indicating diverse property characteristics. A wider spread (IQR: RM 35.00) 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.

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PAGAR BESI, Kuala Nerus, Terengganu

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 360,000

OFF JALAN BATU RAKIT - MERANG (PL: 911

236 sqft • RM 1,526.00 PSF

Nov 2023

RM 400,000

JALAN BATU RAKIT/MERANG (P/L: 9114

3,380 sqft • RM 118.00 PSF

Feb 2023

RM 360,000

JALAN BATU RAKIT/MERANG (P/L: 9114

2,562 sqft • RM 141.00 PSF

Jan 2023

RM 380,000

OFF JALAN BATU RAKIT - MERANG (PL: 813

2,551 sqft • RM 149.00 PSF

Jan 2023

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