Area Intelligence

KG PANCHOR

2 properties
2022
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Median Price
RM 302,000
PSF: RM 184

Residential Market

Median Price

RM 195,000

IQR: RM 23
MAD: RM 12
RM 139 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 2 subsale transactions in 2022, with a median price of RM 302K and a median price per square foot (PSF) of RM 184.

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 302K, with most transactions falling within a stable range of RM 195K to RM 409K, and a typical market range of RM 235K to RM 370K.

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

Price per square foot shows a median of RM 184, though individual units vary from RM 139 to RM 228 in the core range. The broader market spans RM 163.75 to RM 203.25, indicating diverse property characteristics. The spread of RM 39.50 (IQR) and deviation of RM 45 (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

2 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 195,000
OFF JLN SABAK
1,399 sqft · RM 139.00 PSF
Oct 2022
1,800 sqft
1 units Double Storey Shop
RM 409,000
OFF JLN PANCHOR / PDG TEMBAK
1,798 sqft · RM 228.00 PSF
Dec 2022