LOTAK VILLAS

LOTAK VILLAS in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 825K and a median price per square foot (PSF) of RM 269.

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 825K, with most transactions falling within a stable range of RM 600K to RM 1.05 million, and a typical market range of RM 674K to RM 976K.

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

The median PSF stands at RM 269, with core pricing between RM 241 and RM 297. Market pricing typically extends from RM 241.75 to RM 296.25, reflecting moderate variation in unit pricing. With an IQR of RM 54.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.