TAMAN MELOR (KT-193) WAKAF YAAKOB

TAMAN MELOR (KT-193) WAKAF YAAKOB in Kuala Nerus, Terengganu recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 235K and a median price per square foot (PSF) of RM 93.

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 235K, with most transactions falling within a stable range of RM 200K to RM 270K, and a typical market range of RM 218K to RM 253K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 93, with core pricing between RM 75 and RM 110. Market pricing typically extends from RM 83.75 to RM 101.25, reflecting moderate variation in unit pricing. The spread of RM 17.50 (IQR) and deviation of RM 18 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.