Pagar Besi

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

4 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Mengabang Panjang, Off Jalan Merang-Batu Rakit
4,930 sqft RM91 PSF
RM350,000
Pengkalan Atap, Off Jalan Batu Rakit - Merang (Pl: 22
2,454 sqft RM143 PSF
RM400,000
Off Jalan Batu Rakit - Merang (Pl: 90
3,261 sqft RM123 PSF
RM370,000
Off Jalan Batu Rakit - Merang (Pl: 90
2,982 sqft RM124 PSF
Legend Recent Highest Price Highest PSF

Selling in Pagar Besi? Homes here sold for a median of RM385,000.

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Market Snapshot

Residential

RM385,000

RM123 psf

Median transaction price

Pagar Besi in Kuala Nerus, Terengganu recorded 4 subsale transactions in 2025, with a median price of RM385K and a median price per square foot (PSF) of RM123.

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 RM385K, with most transactions falling within a stable range of RM350K to RM423K, and a typical market range of RM356K to RM414K.

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

The median PSF stands at RM123, with core pricing between RM105 and RM142. Market pricing typically extends from RM101.25 to RM145.50, 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.