| Road | Price | PSF | Size | Date | Type |
|---|
|
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
|
RM350,000
|
RM143
|
2,454 sqft
|
|
|
|
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
|
RM350,000
|
RM143
|
2,454 sqft
|
|
|
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM340,000
|
RM139
|
2,454 sqft
|
|
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Nearby areas in Batu Rakit
Batu Rakit
Wakaf Tengah
Gong Pak Jin/Pak Tuyu
Pagar Besi
Rakr Wakaf Tengah (Kt 378)
Rakr Gong Badak Iv (Kt 105-97)
Padang Nenas
Mengabang Telipot
Rakr Alor Jambu (Kt 67-99) Kubur Sharif
Mengabang Telong
Kubur Sharif Padang Nenas
Rakr Mengabang Lekor (Kt-961)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Batu Rakit
Market Snapshot
ResidentialRM350,000
RM143 psfMedian transaction price
Pagar Besi in Kuala Nerus, Terengganu recorded 3 subsale transactions between 2021 and 2026, sized between 2,425 and 2,474 sqft, with a median price of RM350K and a median price per square foot (PSF) of RM143.
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 RM350K, with most transactions falling within a stable range of RM345K to RM350K, and a typical market range of RM340K to RM350K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM143, with most transactions between RM141 and RM145. The usual range is RM120.88 to RM165.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM44.25 and an average deviation (MAD) of RM2 indicate a highly stable PSF trend across properties.
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.