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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM450,000
RM83 psfMedian transaction price
Pagar Besi in Kuala Nerus, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM365K and a median price per square foot (PSF) of RM123.
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 RM365K, with most transactions falling within a stable range of RM333K to RM398K, and a typical market range of RM336K to RM394K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM123, with core pricing between RM102 and RM143. Market pricing typically extends from RM100.38 to RM144.63, reflecting moderate variation in unit pricing. The spread of RM44.25 (IQR) and deviation of RM21 (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.