| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Batu Rakit-Merang(Bawah Lot
|
RM260,000
|
RM73
|
3,584 sqft
|
|
|
Off Jalan Batu Rakit-Merang
|
RM450,000
|
RM96
|
4,693 sqft
|
|
|
Mengabang Panjang, Off Jalan Merang-Batu Rakit
|
RM450,000
|
RM91
|
4,930 sqft
|
|
|
Off Jalan Batu Rakit-Merang
|
RM320,000
|
RM54
|
5,920 sqft
|
|
|
Off Jalan Merang-Batu Rakit
|
RM540,000
|
RM83
|
6,469 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
ResidentialRM450,000
RM83 psfMedian 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.