CANAAN SQUARE

CANAAN SQUARE in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 538K and a median price per square foot (PSF) of RM 549.

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 538K, with most transactions falling within a stable range of RM 500K to RM 575K, and a typical market range of RM 500K to RM 575K.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 549, with most transactions between RM 511 and RM 587. The usual range is RM 505.88 to RM 592.13, showing that most units are priced quite close to each other. With an IQR of RM 86.25 and MAD of RM 38, 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.