Pagar Besi

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
3,600 sqft
Bungalow
RM260,000
Off Jalan Batu Rakit-Merang(Bawah Lot
3,584 sqft · RM73 PSF
4,700 sqft
Bungalow
RM450,000
Off Jalan Batu Rakit-Merang
4,693 sqft · RM96 PSF
4,950 sqft
Bungalow
RM450,000
Mengabang Panjang, Off Jalan Merang-Batu Rakit
4,930 sqft · RM91 PSF
5,900 sqft
Bungalow
RM320,000
Off Jalan Batu Rakit-Merang
5,920 sqft · RM54 PSF
6,450 sqft
Bungalow
RM540,000
Off Jalan Merang-Batu Rakit
6,469 sqft · RM83 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM450,000

RM83 psf

Median transaction price

Pagar Besi in Kuala Nerus, Terengganu recorded 5 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM450K and a median price per square foot (PSF) of RM83.

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 RM450K, with most transactions falling within a stable range of RM349K to RM540K, and a typical market range of RM421K to RM479K.

Within the Bungalow category, 1 - 1 1/2 storey semi-detached dominated the market, though some variety exists in the market.

The median PSF stands at RM83, with core pricing between RM69 and RM98. Market pricing typically extends from RM61.35 to RM105.60, reflecting moderate variation in unit pricing. The spread of RM44.25 (IQR) and deviation of RM15 (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.