Area Intelligence

TAMAN MJ MELOR JAYA

2 properties
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Median Price
RM 77,500
PSF: RM 65

Residential Market

Median Price

RM 77,500

IQR: RM 3
MAD: RM 3
RM 65 PSF 7.5%

PSF Trends (2021-2025)

TAMAN MJ MELOR JAYA in Kota Bahru, Kelantan recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 78K and a median price per square foot (PSF) of RM 65.

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 78K, with most transactions falling within a stable range of RM 75K to RM 80K, and a typical market range of RM 76K to RM 79K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 65, with most transactions between RM 62 and RM 67. The usual range is RM 63.25 to RM 65.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 2.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.

Area Location

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TAMAN MJ MELOR JAYA, Kota Bahru, Kelantan

OSM

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Transactions

2 properties grouped by size

1,200 sqft 2 units Single Storey Terraced
RM 75,000 - 80,000 PSF: RM 65
Road Price PSF Size Date
JLN MELOR-GUNONG(KG PELUNGGOL)
RM 75,000
RM 62.00
1,216 sqft
Aug 2024
OFF JLN MELOR - GUNONG(LOT 3216)
RM 80,000
RM 67.00
1,195 sqft
Oct 2023