| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Melor-Gunong(Kampung Pelunggol)
|
RM 198,000
|
RM 166
|
1,195 sqft
|
|
|
|
Jalan Melor-Gunong(Kampung Pelunggol)
|
RM 75,000
|
RM 62
|
1,216 sqft
|
|
|
|
Off Jalan Melor - Gunong(Lot 3216)
|
RM 80,000
|
RM 67
|
1,195 sqft
|
|
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Taman Mj Melor Jaya in Kota Bahru, Kelantan recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 80K and a median price per square foot (PSF) of RM 67.
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 80K, with most transactions falling within a stable range of RM 75K to RM 85K, and a typical market range of RM 75K to RM 111K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 67, with most transactions between RM 62 and RM 72. The usual range is RM 40.96 to RM 92.96, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.