Jalan Mahmood, Kota Bharu · Completed · Subsale
Troika Residences
A 36-storey serviced residence by the Malvest Group and YAKIN in central Kota Bharu, with 338 suites of about 506–1,518 sq ft above 21 shops, completed in 2020 and a three-minute walk from KB Mall.
Replies on WhatsApp from Jason himself · No obligation
Answer block
Troika Residences at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
Troika Residences
Described by PropertyGuru as Kota Bharu’s tallest building
Address
Jalan Mahmood
15200 Kota Bharu
Tenure
Leasehold
Confirm the expiry and any Malay Reserve endorsement on the title
Status
Completed
2020 (PropertyGuru, iProperty)
Tower
36 storeys
Suites on floors 7 to 36; 1.35-acre site
Units
338 suites
Plus 21 retail units over 2 levels (developer; the architect gives 22)
Layouts
About 506–1,518 sq ft
1-bedroom to 3+1-bedroom and penthouses
Foreign buyers
Depends on the threshold
Records give RM500,000 or RM1 million in Kelantan; check the title
Why this address
Four things buyers weigh at Troika Residences
The newest high-rise in the town centre. Here is the case, and the catch.
Walk to the town centre
KB Mall is a three-minute walk and Siti Khadijah Central Market about twelve minutes, with AEON Mall, KPJ Perdana and Hospital Raja Perempuan Zainab II in the area.
Facilities on one deck
A 6th-floor communal deck holds an infinity pool, kids’ pool, gym, playground, BBQ area, prayer room, reading area and multi-purpose hall.
Small to large suites
Layouts run from 1-bedroom suites of about 506 sq ft to 3+1-bedroom units and penthouses of up to 1,518 sq ft.
What to weigh: almost no price record
We found no published transactions and only one asking listing (RM520,000), and its size details are inconsistent. Get a valuation before you offer.
The development
Troika Residences, decoded
One 36-storey tower on a 1.35-acre site, with shops below and suites from the 7th floor.
The towers
Facilities
As listed on PropertyGuru.
Water
Pools
- Infinity pool
- Kids’ pool
Active
Fitness
- Gymnasium
- Children’s playground
Residents
Shared spaces
- BBQ area
- Prayer room
- Reading area
- Multi-purpose hall
Where the project is now
Layouts
All 6 Troika Residences layouts
6 layout types, from 506 to 1,518 sq ft. Sizes from the developer’s published plans, checked October 2026. Other layouts may exist; ask for the full list. Tap any layout and the drawing comes to your WhatsApp.
1 bedroom — 506 sq ft
1 bed 1 bath · 506 sq ft · smallest suite
Get this floor planAsk price & availability →1 bedroom + study — 671 sq ft
1 bed 1 bath · 671 sq ft · 1+1 layout
Get this floor planAsk price & availability →Penthouse — 1,518 sq ft
3 bed 3 bath · 1,518 sq ft · penthouses on levels 34–36 · largest unit
Get this floor planAsk price & availability →Price and rent by layout
What each layout is asking at Troika Residences
Asking prices and rents seen on PropertyGuru and iProperty in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| 1 bedroom + study | 671 sq ft | RM520,000 | – | 1 |
Gallery
Troika Residences in pictures
Images from the developer’s marketing material unless stated. Ask for the full set on WhatsApp.
Location & connectivity
Where Troika Residences sits
Jalan Mahmood, 15200 Kota Bharu, Kelantan, a three-minute walk from KB Mall.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Asking price one listing for sale | RM520,000 | PropertyGuru and iProperty, Aug 2026 |
We found no transacted prices and no rental listings. The one sale listing gives conflicting size and psf figures (RM755 psf on the project page, 2,168 sq ft in the listing), so treat it as a single asking price only.
Track record
About Kelmedic Sdn Bhd
Troika Residences was developed by Kelmedic Sdn Bhd, a joint venture between the Malvest Group and YAKIN, according to PropertyGuru.
PropertyGuru describes the 36-storey tower as the tallest building in Kota Bharu.
Around the building
What is near Troika Residences
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Kota Bharu Bus Station~800 m
- Bus #10 to PCB beach~1.3 km
- Kota Bharu Bus Terminal~1.6 km
🛍️ Malls
- Bazar Tok Guru~300 m
- KB Mall~400 m
- Bazar Tuan Padang~600 m
🎓 Schools
- SK Padang Garong~500 m
- Sekolah Kebangsaan Kampung Sireh~500 m
- Akademi Pengangkutan Jalan Malaysia Wilayah Timur~700 m
- Pusat Bimbingan Solihin~800 m
🏛️ Colleges and universities
- Kolej Kejururawatan Cawangan Kota Bharu~600 m
- Lincoln University College~1.1 km
- MSU College~1.1 km
🏥 Hospitals
- Pusat Perubatan An-Nisa’~100 m
- Perdana Specialist Hospital~300 m
- Hospital Raja Perempuan Zainab II~700 m
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Layouts here run from about 506 to 1,518 sq ft. Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ Leasehold title. Check how many years remain on the lease; banks lend less, and buyers pay less, as the lease gets shorter.
- ⚠️ Serviced apartments usually sit on commercial land. Utility tariffs and some loan terms can be less favourable than for a residential title.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM520,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM520,000 | RM520,000 |
| Down payment | RM52,000 | RM156,000 |
| Loan amount | RM468,000 | RM364,000 |
| Stamp duty on transfer (MOT) | RM9,600 | RM41,600 |
| Stamp duty on loan (0.5%) | RM2,340 | RM1,820 |
| Lawyer, sale agreement (incl. 8% SST) | RM6,966 | RM6,966 |
| Lawyer, loan agreement (incl. 8% SST) | RM6,318 | RM4,914 |
| Cash needed before keys | RM77,224 | RM211,300 |
| State consent fee for foreigners | – | Set by each state; ask me for the figure |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
When was Troika Residences completed?
In 2020, according to PropertyGuru and iProperty.
How big are the units at Troika Residences?
From about 506 sq ft for a 1-bedroom suite to about 1,518 sq ft for the largest units and penthouses (PropertyGuru).
Can a foreigner buy a unit at Troika Residences?
Kelantan is under the National Land Code, and more than 90% of the state is Malay Reserve land under the Kelantan Malay Reservation Enactment 1930, which foreigners cannot buy. Records differ on the minimum price for a foreign buyer: the Bar Council’s table of state rules (as at October 2024) gives RM500,000, while other 2026 guides give RM1,000,000. State Authority consent is needed, low- and low-medium-cost units and Bumiputera units are excluded, and stamp duty on the transfer of a home is 8% for foreign buyers from 1 January 2026. The only asking price we found here is RM520,000, so a unit could qualify only if the RM500,000 figure applies and the title is not Malay Reserve. Confirm with the Kelantan Land and Mines Office before you commit.
Berapa harga unit di Troika Residences?
Satu unit diiklankan untuk dijual pada RM520,000 (PropertyGuru, Ogos 2026). Tiada rekod urus niaga yang diterbitkan ditemui.
Troika Residences 离哥打巴鲁市中心多远？
位于市中心Jalan Mahmood，步行约3分钟到KB Mall，约12分钟到Siti Khadijah中央市场。
Which schools are near Troika Residences?
On map data, the nearest schools are SK Padang Garong (~500 m), Sekolah Kebangsaan Kampung Sireh (~500 m), Akademi Pengangkutan Jalan Malaysia Wilayah Timur (~700 m). Distances are straight-line from the building.
Is there a train or bus station near Troika Residences?
The nearest stations on map data are Kota Bharu Bus Station (~800 m), Bus #10 to PCB beach (~1.3 km), Kota Bharu Bus Terminal (~1.6 km).
What is the nearest hospital and mall to Troika Residences?
The nearest hospital on map data is Pusat Perubatan An-Nisa’ (~100 m), and the nearest mall is Bazar Tok Guru (~300 m).
How much cash do I need to buy at Troika Residences?
For a unit at RM520,000,, a Malaysian buyer with a 90% loan needs about RM4,914 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM77,224, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
Worth putting beside this one
Same area first, then a similar budget. Chosen so you can compare the numbers yourself, not for which one pays the agent more.
Kelantan · Kubang Kerian, Kota Bharu
Anjung Vista
A freehold 21-storey tower of 251 units by Gazzriz in Kubang Kerian, about 1 km from Universiti Sains Malaysia, completed in 2012.
View project →Kelantan · Jalan Raja Dewa, Kota Bharu
Tijani Raja Dewa
A Symphony Life development on Jalan Raja Dewa with 205 homes: 150 apartments in a 16-storey block, 29 three-storey superlink terraces and 26 three-storey semi-Ds, completed around 2018. The developer lists it as leasehold.
View project →Get the current price list and units available at Troika Residences
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.