Area Intelligence

KG PANCHOR

8 properties
2024
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Median Price
RM 414,500
PSF: RM 79

Residential Market

Median Price

RM 414,500

IQR: RM 23
MAD: RM 12
RM 79 PSF 5.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 409,000

RM 228 PSF

PSF Trends (2021-2025)

KG PANCHOR in Kota Bahru, Kelantan recorded 8 subsale transactions in 2024, with a median price of RM 415K and a median price per square foot (PSF) of RM 79.

This area contains both residential and commercial properties. View 11 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 294K to RM 535K, and a typical market range of RM 347K to RM 482K.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 79, though individual units vary from RM 61 to RM 96 in the core range. The broader market spans RM 58.75 to RM 98.25, indicating diverse property characteristics. The spread of RM 39.50 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KG PANCHOR, Kota Bahru, Kelantan

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Transactions

8 properties found

Detached OFF JLN SABAK PL 1733
RM 409,000
5,274 sqft Nov 2024
RM 78.00 PSF
Detached OFF JLN RAJA PEREMPUAN ZAINAB 11
RM 400,000
6,017 sqft Oct 2024
RM 66.00 PSF
Single Storey Semi-D OFF JLN PDG TEMBAK
RM 300,000
2,594 sqft Aug 2024
RM 116.00 PSF
Detached OFF JLN SABAK
RM 490,000
6,060 sqft Aug 2024
RM 81.00 PSF
Detached OFF JLN PANCHOR/ SABAK
RM 610,000
6,049 sqft Jun 2024
RM 101.00 PSF
Detached OFF JLN PANJI
RM 250,000
4,327 sqft Apr 2024
RM 58.00 PSF
Detached OFF JLN SABAK PL 1733
RM 420,000
5,285 sqft Apr 2024
RM 79.00 PSF
Detached OFF JLN PDG TEMBAK/ BERIS JAMBU
RM 600,000
8,353 sqft Mar 2024
RM 72.00 PSF