| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Jelawat/Melawi
|
RM 211,000
|
RM 149
|
1,421 sqft
|
|
|
|
Off Jalan Melawi - Bachok
|
RM 211,000
|
RM 149
|
1,421 sqft
|
|
|
Kampung Kuala Rekan
|
RM 222,000
|
RM 131
|
1,690 sqft
|
|
|
Off Jalan Melawi - Bachok
|
RM 227,000
|
RM 78
|
2,895 sqft
|
|
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Market Snapshot
ResidentialRM 216,500
RM 140 psfMedian transaction price
Taman Warisan Melawi in Bachok, Kelantan recorded 4 subsale transactions in 2022, with a median price of RM 217K and a median price per square foot (PSF) of RM 140.
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 217K, with most transactions falling within a stable range of RM 211K to RM 223K, and a typical market range of RM 211K to RM 223K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 140, though individual units vary from RM 111 to RM 169 in the core range. The broader market spans RM 124.69 to RM 155.19, indicating diverse property characteristics. The spread of RM 30.50 (IQR) and deviation of RM 29 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.