|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Off Jalan Melor
|
RM 280,000
|
RM 55
|
5,081 sqft
|
|
Bungalow |
| 2023 | |||||
|
Off Jalan Melor P/L 804
|
RM 265,000
|
RM 76
|
3,477 sqft
|
|
Semi-D |
| 2022 | |||||
|
Off Jalan Melor P/L 1819
|
RM 290,000
|
RM 130
|
2,228 sqft
|
|
Semi-D |
|
Off Jalan Melor P/L 804
|
RM 275,000
|
RM 79
|
3,477 sqft
|
|
Semi-D |
|
Off Jalan Melor P/L 1819
|
RM 270,000
|
RM 103
|
2,626 sqft
|
|
Semi-D |
| 2021 | |||||
|
Off Jalan Melor P/L
|
RM 300,000
|
RM 74
|
4,080 sqft
|
|
Semi-D |
Other Areas in Padang Raja
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Market Snapshot
ResidentialRM 277,500
RM 78 psfMedian transaction price
Kampung Melor, Kota Bahru, Kelantan
Kampung Melor in Kota Bahru, Kelantan recorded 6 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 278K and a median price per square foot (PSF) of RM 78.
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 278K, with most transactions falling within a stable range of RM 266K to RM 289K, and a typical market range of RM 265K to RM 297K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 78, though individual units vary from RM 54 to RM 102 in the core range. The broader market spans RM 71.54 to RM 83.79, indicating diverse property characteristics. A wider spread (IQR: RM 12.25) and deviation (MAD: RM 24) 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.