Area Intelligence

ICOM SQUARE

13 properties
Office Lot
Median Price
RM 535,000
PSF: RM 314

Commercial Market

Median Price

RM 535,000

IQR: RM 169
MAD: RM 90
RM 314 PSF 11.9%

PSF Trends (2021-2025)

ICOM SQUARE in Bahagian Kuching, Sarawak recorded 13 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 535K and a median price per square foot (PSF) of RM 314.

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 535K, with most transactions falling within a stable range of RM 385K to RM 686K, and a typical market range of RM 405K to RM 665K.

Within the Office Lot category, office lot dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 314, though individual units vary from RM 180 to RM 448 in the core range. The broader market spans RM 229.50 to RM 398.50, indicating diverse property characteristics. A wider spread (IQR: RM 169.00) and deviation (MAD: RM 134) 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.

Area Location

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ICOM SQUARE, Bahagian Kuching, Sarawak

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Transactions

13 properties grouped by size

850 sqft 1 units Office Lot
RM 350,000 PSF: RM 404
Price PSF Size Date
RM 350,000
RM 404.00
867 sqft
Jul 2024
950 sqft 2 units Office Lot
RM 420,000 - 535,000 PSF: RM 500
Price PSF Size Date
RM 535,000
RM 562.00
952 sqft
Sep 2024
RM 420,000
RM 438.00
959 sqft
Sep 2023
1,000 sqft 2 units Office Lot
RM 450,000 - 480,000 PSF: RM 470
Price PSF Size Date
RM 450,000
RM 457.00
985 sqft
Sep 2024
RM 480,000
RM 483.00
994 sqft
Apr 2024
1,100 sqft 2 units Office Lot
RM 350,000 - 610,000 PSF: RM 431
Price PSF Size Date
RM 610,000
RM 548.00
1,114 sqft
Sep 2024
RM 350,000
RM 314.00
1,114 sqft
Jan 2022
2,250 sqft 3 units Office Lot
RM 607,000 PSF: RM 271
Price PSF Size Date
RM 607,000
RM 271.00
2,237 sqft
Dec 2023
RM 607,000
RM 271.00
2,237 sqft
Dec 2023
RM 607,000
RM 271.00
2,238 sqft
Dec 2023
2,300 sqft 1 units Office Lot
RM 700,000 PSF: RM 302
Price PSF Size Date
RM 700,000
RM 302.00
2,321 sqft
Dec 2023
2,450 sqft 1 units Office Lot
RM 160,000 PSF: RM 66
Price PSF Size Date
RM 160,000
RM 66.00
2,433 sqft
Jul 2023
2,550 sqft 1 units Office Lot
RM 693,000 PSF: RM 271
Price PSF Size Date
RM 693,000
RM 271.00
2,554 sqft
Dec 2023