CENTRAL AVENUE

CENTRAL AVENUE in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 1.75 million and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.75 million, with most transactions falling within a stable range of RM 1.60 million to RM 1.90 million, and a typical market range of RM 1.60 million to RM 1.90 million.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

For price per square foot, the median is RM 285, with most transactions between RM 278 and RM 291. The usual range is RM 261.00 to RM 308.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.