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 grouped by size

2,600 sqft
1 units Single Storey Semi-D
RM 300,000
OFF JLN PDG TEMBAK
2,594 sqft · RM 116.00 PSF
Aug 2024
4,350 sqft
1 units Detached
RM 250,000
OFF JLN PANJI
4,327 sqft · RM 58.00 PSF
Apr 2024
5,250 sqft
1 units Detached
RM 409,000
OFF JLN SABAK PL 1733
5,274 sqft · RM 78.00 PSF
Nov 2024
5,300 sqft
1 units Detached
RM 420,000
OFF JLN SABAK PL 1733
5,285 sqft · RM 79.00 PSF
Apr 2024
6,000 sqft
1 units Detached
RM 400,000
OFF JLN RAJA PEREMPUAN ZAINAB 11
6,017 sqft · RM 66.00 PSF
Oct 2024
6,050 sqft
2 units Detached
RM 490,000
OFF JLN SABAK
6,060 sqft · RM 81.00 PSF
Aug 2024
RM 610,000
OFF JLN PANCHOR/ SABAK
6,049 sqft · RM 101.00 PSF
Jun 2024
8,350 sqft
1 units Detached
RM 600,000
OFF JLN PDG TEMBAK/ BERIS JAMBU
8,353 sqft · RM 72.00 PSF
Mar 2024