| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Melor-Gunong
|
RM 209,000
|
RM 149
|
1,399 sqft
|
|
|
Off Jalan Melor-Gunong
|
RM 260,000
|
RM 82
|
3,154 sqft
|
|
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Taman Tg Ahmad Rithaudden, Melor in Kota Bahru, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 235K and a median price per square foot (PSF) of RM 116.
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 235K, with most transactions falling within a stable range of RM 209K to RM 260K, and a typical market range of RM 222K to RM 247K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 116, though individual units vary from RM 82 to RM 149 in the core range. The broader market spans RM 95.40 to RM 136.40, indicating diverse property characteristics. A wider spread (IQR: RM 41.00) and deviation (MAD: RM 33) indicate significant PSF variations, likely due to diverse property types or conditions.
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.