ICOM SQUARE

ICOM SQUARE in Bahagian Kuching, Sarawak recorded 12 subsale transactions in 2023, with a median price of RM 607K and a median price per square foot (PSF) of RM 326.

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 607K, with most transactions falling within a stable range of RM 451K to RM 700K, and a typical market range of RM 477K to RM 700K.

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

Price per square foot shows a median of RM 326, though individual units vary from RM 140 to RM 511 in the core range. The broader market spans RM 241.00 to RM 410.00, indicating diverse property characteristics. A wider spread (IQR: RM 169.00) and deviation (MAD: RM 185) indicate significant PSF variations, likely due to diverse property types or conditions.

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.