Area Intelligence

JALAN KWONG LEE BANK

2 properties
4-Storey Storey Shop
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Median Price
RM 900,000
PSF: RM 637

Commercial Market

Median Price

RM 900,000

IQR: RM 250
MAD: RM 61
RM 637 PSF

PSF Trends (2021-2025)

JALAN KWONG LEE BANK in Bahagian Kuching, Sarawak recorded 2 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 900K and a median price per square foot (PSF) of RM 637.

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 900K, with most transactions falling within a stable range of RM 800K to RM 1.00 million, and a typical market range of RM 800K to RM 1.00 million.

Within the 4-Storey Storey Shop category, 4 - 4 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 637, with most transactions between RM 606 and RM 667. The usual range is RM 511.75 to RM 761.25, showing that most units are priced quite close to each other. With an IQR of RM 249.50 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

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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JALAN KWONG LEE BANK, Bahagian Kuching, Sarawak

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Transactions

2 properties grouped by size

1,300 sqft 1 units 4-Storey Storey Shop
RM 800,000 PSF: RM 606
Road Price PSF Size Date
BANGUNAN SIM HUNG ENG
RM 800,000
RM 606.00
1,320 sqft
May 2024
1,500 sqft 1 units 4-Storey Storey Shop
RM 1,000,000 PSF: RM 667
Road Price PSF Size Date
JALAN KWONG LEE BANK
RM 1,000,000
RM 667.00
1,499 sqft
Jan 2025