Area Intelligence

KG PANGKAL MELERET

3 properties
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Median Price
RM 350,000
PSF: RM 50

Residential Market

Median Price

RM 350,000

IQR: RM 27
MAD: RM 18
RM 50 PSF

PSF Trends (2021-2025)

KG PANGKAL MELERET in Machang, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 50.

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 RM 350K, with most transactions falling within a stable range of RM 300K to RM 400K, and a typical market range of RM 270K to RM 400K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 50, though individual units vary from RM 32 to RM 68 in the core range. The broader market spans RM 36.50 to RM 63.50, indicating diverse property characteristics. A wider spread (IQR: RM 27.00) and deviation (MAD: RM 18) indicate significant PSF variations, likely due to diverse property types or conditions.

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 PANGKAL MELERET, Machang, Kelantan

OSM

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Transactions

3 properties found

Detached
JALAN MACHANG - TANAH MERAH
RM 350,000
PSF: RM 50.00
Area: 7,029 sqft
Date: Oct 2024
Detached
OFF JLN PGKL MELERET / WAKAF
RM 400,000
PSF: RM 68.00
Area: 5,877 sqft
Date: May 2024
Detached
OFF JLN PGKL MELERET / WAKAF BATA
RM 80,000
PSF: RM 14.00
Area: 5,877 sqft
Date: Feb 2024