Raudhah Solihin, Teres 1-Tingkat @ Mahligai, Melor, Kelantan
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Melor, Kelantan
Type
Landed House
Price
RM280k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM280,000 for a freehold terrace house, the pricing appears competitive for Kelantan's market, though the absence of detailed specifications and finishes limits comprehensive valuation assessment; buyers should conduct thorough cost-per-square-foot comparisons with comparable properties in Melor.
- •**Location & Connectivity**: Melor's position outside major urban centers and the absence of nearby MRT or public transportation infrastructure significantly constrains accessibility and future appreciation potential; proximity to Kota Bharu town center and major highways should be verified to assess practical connectivity for residents.
- •**Risk & Timing**: The lack of a specified completion date introduces execution risk and uncertainty for buyers; the underdeveloped nature of Melor as a residential hub presents timing risk regarding market demand, resale liquidity, and long-term property value sustainability in a less established location.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced in line with area median
Is this project priced fairly?
Kelantan — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM225,000 | — |
| 2022 | RM231,000 | +2.7% |
| 2023 | RM238,000 | +3.0% |
| 2024 | RM244,000 | +2.5% |
| 2025 | RM250,000 | +2.5% |
Est. Monthly Rental
RM900–1,200
Based on similar properties in Kelantan
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+11.1%
NAPIC data 2021–2025
Price-to-Income
6.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Kelantan
Median Household Income
RM3,614/mo
DOSM 2022
Mean Household Income
RM4,885/mo
DOSM 2022
Households Above RM8k
~20%
Estimated for Kelantan
Similar projects in Kelantan
| Project | Location | Price From | Status |
|---|---|---|---|
| 1-Storey Terrace, Taman Kifayah @ Jeli, Kelantan | Jeli | RM290k | New Launch |
| Single & Double Storey Terrace @ Taman Kota Jembal, Kota Bharu, Kelantan | Kota Bahru | RM295k | New Launch |
| Raudhah Solihin, Rumah Berkembar 1 Tingkat @ Mahligai, Melor, Kelantan | Melor | RM384k | New Launch |
Why Consider
- • Affordable freehold landed property at RM280,000 entry price
- • Located in developing Melor area with growth potential
- • Spacious single-storey terrace house suitable for families
- • Kelantan strategic location near commerce and amenities
- • Solid investment opportunity in emerging residential enclave
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.