Area Intelligence

FORTUNELAND BUSINESS CENTRE

2 properties
2023
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Median Price
RM 340,000
PSF: RM 365

Commercial Market

Median Price

RM 340,000

IQR: RM 123
MAD: RM 123
RM 365 PSF

PSF Trends (2021-2025)

FORTUNELAND BUSINESS CENTRE in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 365.

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 340K, with most transactions falling within a stable range of RM 255K to RM 425K, and a typical market range of RM 298K to RM 383K.

Most transactions involved office lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 365, though individual units vary from RM 242 to RM 487 in the core range. The broader market spans RM 303.25 to RM 425.75, indicating diverse property characteristics. A wider spread (IQR: RM 122.50) and deviation (MAD: RM 123) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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FORTUNELAND BUSINESS CENTRE, Bahagian Kuching, Sarawak

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Transactions

2 properties found

Office Lot
RM 255,000
PSF: RM 242.00
Area: 1,055 sqft
Date: Apr 2023
Shop/Retail Lot
RM 425,000
PSF: RM 487.00
Area: 872 sqft
Date: Apr 2023