| LIST.MY · Pagar Besi | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Off Jalan Batu Rakit - Merang (Pl: 90
|
RM415,000
|
RM97
|
4,273 sqft
|
|
Semi-D |
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM370,000
|
RM123
|
3,014 sqft
|
|
Semi-D |
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM340,000
|
RM139
|
2,454 sqft
|
|
Semi-D |
|
Off Jalan Batu Rakit-Merang
|
RM450,000
|
RM96
|
4,693 sqft
|
|
Bungalow |
|
Off Jalan Batu Rakit - Merang (Pl: 22
|
RM335,000
|
RM118
|
2,831 sqft
|
|
Semi-D |
|
Off Jalan Merang-Batu Rakit
|
RM540,000
|
RM83
|
6,469 sqft
|
|
Bungalow |
Selling in Pagar Besi? Homes here sold for a median of RM392,500.
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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
Rakr Alor Jambu (Kt 67-99) Kubur Sharif
Mengabang Telipot
Rakr Mengabang Lekor (Kt-961)
Mengabang Telong
Kubur Sharif Padang Nenas
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
ResidentialRM392,500
RM108 psfMedian transaction price
Pagar Besi in Kuala Nerus, Terengganu recorded 6 subsale transactions in 2024, with a median price of RM393K and a median price per square foot (PSF) of RM108.
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 RM393K, with most transactions falling within a stable range of RM335K to RM464K, and a typical market range of RM364K to RM421K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM108, with core pricing between RM89 and RM127. Market pricing typically extends from RM85.61 to RM129.86, reflecting moderate variation in unit pricing. The spread of RM44.25 (IQR) and deviation of RM19 (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.