Area Intelligence

PAGAR BESI

6 properties
2024
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Median Price
RM 392,500
PSF: RM 108

Residential Market

Median Price

RM 392,500

IQR: RM 18
MAD: RM 12
RM 108 PSF 18.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PAGAR BESI in Kuala Nerus, Terengganu recorded 6 subsale transactions in 2024, with a median price of RM 393K and a median price per square foot (PSF) of RM 108.

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 RM 393K, with most transactions falling within a stable range of RM 335K to RM 464K, and a typical market range of RM 363K to RM 422K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 108, with core pricing between RM 89 and RM 127. Market pricing typically extends from RM 88.00 to RM 127.00, reflecting moderate variation in unit pricing. The spread of RM 39.00 (IQR) and deviation of RM 19 (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.

Area Location

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PAGAR BESI, Kuala Nerus, Terengganu

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Transactions

6 properties found

Single Storey Semi-D OFF JLN BT RAKIT - MERANG (PL: 90
RM 415,000
4,273 sqft Nov 2024
RM 97.00 PSF
Single Storey Semi-D OFF JLN BT RAKIT - MERANG (PL: 22
RM 370,000
3,014 sqft Oct 2024
RM 123.00 PSF
Single Storey Semi-D OFF JLN BT RAKIT - MERANG (PL: 22
RM 340,000
2,454 sqft Sep 2024
RM 139.00 PSF
Detached OFF JLN BATU RAKIT-MERANG
RM 450,000
4,693 sqft Jul 2024
RM 96.00 PSF
Single Storey Semi-D OFF JLN BT RAKIT - MERANG (PL: 22
RM 335,000
2,831 sqft Feb 2024
RM 118.00 PSF
Detached OFF JLN MERANG-BATU RAKIT
RM 540,000
6,469 sqft Feb 2024
RM 83.00 PSF