Area Intelligence

CENTRAL WORLD COMMERCIAL CENTRE

2 properties
2024
Median Price
RM 915,000
PSF: RM 714

Commercial Market

Median Price

RM 915,000

IQR: RM 40
MAD: RM 20
RM 714 PSF 0.1%

PSF Trends (2021-2025)

CENTRAL WORLD COMMERCIAL CENTRE in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 915K and a median price per square foot (PSF) of RM 714.

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 915K, with most transactions falling within a stable range of RM 850K to RM 980K, and a typical market range of RM 854K to RM 976K.

Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 714, with most transactions between RM 682 and RM 746. The usual range is RM 694.25 to RM 733.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 32 indicate a highly stable PSF trend across properties.

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.

Area Location

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CENTRAL WORLD COMMERCIAL CENTRE, Bahagian Kuching, Sarawak

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Transactions

2 properties grouped by size

1,250 sqft 1 units 4-Storey Storey Shop
RM 850,000 PSF: RM 682
Road Price PSF Size Date
JALAN MERBAU
RM 850,000
RM 682.00
1,246 sqft
Nov 2024
1,300 sqft 1 units 4-Storey Storey Shop
RM 980,000 PSF: RM 746
Road Price PSF Size Date
JALAN MERBAU
RM 980,000
RM 746.00
1,313 sqft
Mar 2024