Residential Market
Median Price
RM 315,000
PSF Trends (2021-2025)
KG MELOR in Kota Bahru, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 68.
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 315K, with most transactions falling within a stable range of RM 280K to RM 350K, and a typical market range of RM 296K to RM 334K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 68, with core pricing between RM 55 and RM 80. Market pricing typically extends from RM 61.38 to RM 73.63, reflecting moderate variation in unit pricing. The spread of RM 12.25 (IQR) and deviation of RM 13 (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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN MELOR P/L 804
|
RM 350,000
|
RM 80.00
|
4,359 sqft
|
Mar 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN MELOR
|
RM 280,000
|
RM 55.00
|
5,081 sqft
|
Aug 2024
|