Pagar Besi

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

13 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
250 sqft
Semi-D
RM360,000
Off Jalan Batu Rakit - Merang (Pl: 911
236 sqft · RM1,526 PSF
2,450 sqft
Semi-D
RM350,000
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft · RM143 PSF
RM350,000
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft · RM143 PSF
RM340,000
Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft · RM139 PSF
2,550 sqft
Semi-D
RM360,000
Jalan Batu Rakit/Merang (P/L: 9114
2,562 sqft · RM141 PSF
RM380,000
Off Jalan Batu Rakit - Merang (Pl: 813
2,551 sqft · RM149 PSF
2,700 sqft
Semi-D
RM330,000
Off Jalan Batu Rakit - Merang (Pl: 813
2,702 sqft · RM122 PSF
2,850 sqft
Semi-D
RM335,000
Off Jalan Batu Rakit - Merang (Pl: 22
2,831 sqft · RM118 PSF
3,000 sqft
Semi-D
RM370,000
Off Jalan Batu Rakit - Merang (Pl: 90
2,982 sqft · RM124 PSF
RM370,000
Off Jalan Batu Rakit - Merang (Pl: 22
3,014 sqft · RM123 PSF
3,250 sqft
Semi-D
RM400,000
Off Jalan Batu Rakit - Merang (Pl: 90
3,261 sqft · RM123 PSF
3,400 sqft
Semi-D
RM400,000
Jalan Batu Rakit/Merang (P/L: 9114
3,380 sqft · RM118 PSF
4,250 sqft
Semi-D
RM415,000
Off Jalan Batu Rakit - Merang (Pl: 90
4,273 sqft · RM97 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM360,000

RM124 psf

Median 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 RM360K and a median price per square foot (PSF) of RM124.

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 RM360K, with most transactions falling within a stable range of RM334K to RM386K, and a typical market range of RM331K to RM389K.

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 RM124, though individual units vary from RM0 to RM497 in the core range. The broader market spans RM101.97 to RM146.22, indicating diverse property characteristics. A wider spread (IQR: RM44.25) and deviation (MAD: RM373) 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.