Area Intelligence

JALAN KWONG LEE BANK

2 properties
2025
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Median Price
RM 650,000
PSF: RM 418

Commercial Market

Median Price

RM 650,000

IQR: RM 250
MAD: RM 61
RM 418 PSF

PSF Trends (2021-2025)

JALAN KWONG LEE BANK in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 418.

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 650K, with most transactions falling within a stable range of RM 300K to RM 1.00 million, and a typical market range of RM 475K to RM 825K.

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

Price per square foot shows a median of RM 418, though individual units vary from RM 168 to RM 667 in the core range. The broader market spans RM 292.75 to RM 542.25, indicating diverse property characteristics. A wider spread (IQR: RM 249.50) and deviation (MAD: RM 250) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

1,500 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
1,800 sqft 1 units 3-Storey Storey Shop
RM 300,000 PSF: RM 168
Road Price PSF Size Date
JALAN KWONG LEE BANK
RM 300,000
RM 168.00
1,790 sqft
Feb 2025