Area Intelligence

KG MELOR

3 properties
2022
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Median Price
RM 275,000
PSF: RM 103

Residential Market

Median Price

RM 275,000

IQR: RM 24
MAD: RM 17
RM 103 PSF 26.9%

PSF Trends (2021-2025)

KG MELOR in Kota Bahru, Kelantan recorded 3 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 103.

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 275K, with most transactions falling within a stable range of RM 270K to RM 283K, and a typical market range of RM 270K to RM 290K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 103, though individual units vary from RM 82 to RM 124 in the core range. The broader market spans RM 96.88 to RM 109.13, indicating diverse property characteristics. The spread of RM 12.25 (IQR) and deviation of RM 21 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KG MELOR, Kota Bahru, Kelantan

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Transactions

3 properties grouped by size

2,250 sqft
1 units Single Storey Semi-D
RM 290,000
OFF JLN MELOR P/L 1819
2,228 sqft · RM 130.00 PSF
Nov 2022
2,650 sqft
1 units Double Storey Semi-D
RM 270,000
OFF JLN MELOR P/L 1819
2,626 sqft · RM 103.00 PSF
Mar 2022
3,500 sqft
1 units Single Storey Semi-D
RM 275,000
OFF JLN MELOR P/L 804
3,477 sqft · RM 79.00 PSF
May 2022