AVONA RESIDENCE @ THE NORTHBANK

AVONA RESIDENCE @ THE NORTHBANK in Bahagian Kuching, Sarawak recorded 7 subsale transactions in 2024, with a median price of RM 575K and a median price per square foot (PSF) of RM 706.

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 575K, with most transactions falling within a stable range of RM 462K to RM 688K, and a typical market range of RM 538K to RM 613K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 706, with most transactions between RM 640 and RM 772. The usual range is RM 667.13 to RM 744.88, showing that most units are priced quite close to each other. With an IQR of RM 77.75 and MAD of RM 66, the PSF demonstrates reasonable consistency across the market.

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.