|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 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 |
Other Areas in Padang Raja
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Market Snapshot
ResidentialRM 275,000
RM 103 psfMedian transaction price
Kampung Melor, Kota Bahru, Kelantan
Kampung Melor in Kota Bahru, Kelantan recorded 3 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 103.
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 275K, with most transactions falling within a stable range of RM 270K to RM 283K, and a typical market range of RM 270K to RM 290K.
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 103, though individual units vary from RM 82 to RM 124 in the core range. The broader market spans RM 96.68 to RM 108.93, indicating diverse property characteristics. The spread of RM 12.25 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.
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.