Area Intelligence

KG MELOR

2 properties
2024
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Median Price
RM 315,000
PSF: RM 68

Residential Market

Median Price

RM 315,000

IQR: RM 24
MAD: RM 17
RM 68 PSF 26.9%

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.

Area Location

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KG MELOR, Kota Bahru, Kelantan

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Transactions

2 properties grouped by size

4,350 sqft 1 units Single Storey Semi-D
RM 350,000 PSF: RM 80
Road Price PSF Size Date
OFF JLN MELOR P/L 804
RM 350,000
RM 80.00
4,359 sqft
Mar 2024
5,100 sqft 1 units Detached
RM 280,000 PSF: RM 55
Road Price PSF Size Date
OFF JLN MELOR
RM 280,000
RM 55.00
5,081 sqft
Aug 2024