Area Intelligence

CANAAN SQUARE

6 properties
4-Storey Storey Shop
Median Price
RM 530,000
PSF: RM 542

Commercial Market

Median Price

RM 530,000

IQR: RM 86
MAD: RM 39
RM 542 PSF 2.5%

PSF Trends (2021-2025)

CANAAN SQUARE in Bahagian Kuching, Sarawak recorded 6 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey 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 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.

Area Location

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CANAAN SQUARE, Bahagian Kuching, Sarawak

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Transactions

6 properties grouped by size

1,000 sqft 5 units 4-Storey Storey Shop
RM 475,000 - 575,000 PSF: RM 533
Road Price PSF Size Date
JALAN STUTONG BARU
RM 575,000
RM 587.00
979 sqft
Jul 2024
JALAN STUTONG BARU
RM 560,000
RM 572.00
979 sqft
Oct 2023
JALAN STUTONG BARU
RM 475,000
RM 485.00
979 sqft
Dec 2021
JALAN STUTONG BARU
RM 499,000
RM 510.00
979 sqft
Nov 2021
JALAN STUTONG BARU
RM 500,000
RM 511.00
979 sqft
Nov 2021
4,800 sqft 1 units 4-Storey Storey Shop
RM 3,000,000 PSF: RM 627
Road Price PSF Size Date
JALAN STUTONG BARU
RM 3,000,000
RM 627.00
4,788 sqft
Apr 2023