Area Intelligence

KG MELOR

2 properties
2023
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Median Price
RM 352,500
PSF: RM 74

Residential Market

Median Price

RM 352,500

IQR: RM 24
MAD: RM 17
RM 74 PSF 26.9%

PSF Trends (2021-2025)

KG MELOR in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 353K and a median price per square foot (PSF) of RM 74.

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 353K, with most transactions falling within a stable range of RM 265K to RM 440K, and a typical market range of RM 333K to RM 372K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 74, with most transactions between RM 72 and RM 76. The usual range is RM 67.88 to RM 80.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.25 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.

Area Location

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KG MELOR, Kota Bahru, Kelantan

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Transactions

2 properties found

Single Storey Semi-D
OFF JLN MELOR P/L 804
RM 265,000
PSF: RM 76.00
Area: 3,477 sqft
Date: Apr 2023
Detached
OFF JLN KG CHENGAL
RM 440,000
PSF: RM 72.00
Area: 6,146 sqft
Date: Feb 2023