Pagar Besi

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

6 subsales found · Semi-D →

Median
RM 392,500
PSF
RM 108
Price Size
RM 415,000
Off Jalan Batu Rakit - Merang (Pl: 90
4,273 sqft RM 97 PSF
RM 370,000
Off Jalan Batu Rakit - Merang (Pl: 22
3,014 sqft RM 123 PSF
RM 340,000
Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft RM 139 PSF
RM 450,000
Off Jalan Batu Rakit-Merang
4,693 sqft RM 96 PSF
RM 335,000
Off Jalan Batu Rakit - Merang (Pl: 22
2,831 sqft RM 118 PSF
RM 540,000
Off Jalan Merang-Batu Rakit
6,469 sqft RM 83 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 392,500

RM 108 psf

Median transaction price

Pagar Besi in Kuala Nerus, Terengganu recorded 6 subsale transactions in 2024, with a median price of RM 393K and a median price per square foot (PSF) of RM 108.

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 393K, with most transactions falling within a stable range of RM 335K to RM 464K, and a typical market range of RM 364K to RM 421K.

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

The median PSF stands at RM 108, with core pricing between RM 89 and RM 127. Market pricing typically extends from RM 85.61 to RM 129.86, reflecting moderate variation in unit pricing. The spread of RM 44.25 (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.