| 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
|
|
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Taman Mj Melor Jaya in Kota Bahru, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 137K and a median price per square foot (PSF) of RM 114.
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 137K, with most transactions falling within a stable range of RM 75K to RM 198K, and a typical market range of RM 106K to RM 167K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 114, though individual units vary from RM 62 to RM 166 in the core range. The broader market spans RM 87.83 to RM 139.83, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 52) 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.