| 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
|
|
|
Jalan Batu Rakit/Merang (P/L: 9114
|
RM 360,000
|
RM 141
|
2,562 sqft
|
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 813
|
RM 380,000
|
RM 149
|
2,551 sqft
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 813
|
RM 330,000
|
RM 122
|
2,702 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
|
|
|
Jalan Batu Rakit/Merang (P/L: 9114
|
RM 400,000
|
RM 118
|
3,380 sqft
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 90
|
RM 415,000
|
RM 97
|
4,273 sqft
|
|
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Market Snapshot
ResidentialRM 360,000
RM 124 psfMedian transaction price
Pagar Besi in Kuala Nerus, Terengganu recorded 13 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 360K and a median price per square foot (PSF) of RM 124.
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 360K, with most transactions falling within a stable range of RM 334K to RM 386K, and a typical market range of RM 331K to RM 389K.
Within the Single Storey Semi-D category, 1 - 1 1/2 storey semi-detached dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 124, though individual units vary from RM 0 to RM 497 in the core range. The broader market spans RM 101.97 to RM 146.22, indicating diverse property characteristics. A wider spread (IQR: RM 44.25) and deviation (MAD: RM 373) 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.