LOTAK VILLAS

LOTAK VILLAS in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 889K and a median price per square foot (PSF) of RM 246.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 889K, with most transactions falling within a stable range of RM 756K to RM 914K, and a typical market range of RM 738K to RM 914K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 246, with core pricing between RM 198 and RM 294. Market pricing typically extends from RM 218.75 to RM 273.25, reflecting moderate variation in unit pricing. The spread of RM 54.50 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

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.