CANAAN SQUARE

CANAAN SQUARE in Bahagian Kuching, Sarawak recorded 6 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 530K and a median price per square foot (PSF) of RM 542.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 475K to RM 1.45 million, and a typical market range of RM 480K to RM 580K.

Within the 4-Storey Shop category, 4 - 4 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 542, with most transactions between RM 491 and RM 592. The usual range is RM 498.38 to RM 584.63, showing that most units are priced quite close to each other. With an IQR of RM 86.25 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.