Area Intelligence

MATANG AVENUE

1 properties

2022

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Median Price

RM 520,000

PSF: RM 162

Residential Market

Median Price

RM 520,000

IQR: RM 51

MAD: RM 18

RM 162 PSF 14.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Double Storey Terraced

311 properties

474,757,000 txns

Median Price

RM 1,460,000

+3.1% CAGR

Median PSF

RM 828.00

+4.6% CAGR

Town House

7 properties

3,868,000 txns

Median Price

RM 529,500

-1.7% CAGR

Median PSF

RM 528.50

-1.7% CAGR

Detached

4 properties

19,780,000 txns

Median Price

RM 5,200,000

-7.5% CAGR

Median PSF

RM 1,149.00

-4.7% CAGR

Property Type	Properties	Transactions	Median Price	Price CAGR	Median PSF	PSF CAGR
Double Storey Terraced	311	474,757,000	RM 1,460,000 ±60K MAD	+3.10%	RM 828.00 ±21 MAD	+4.59%
Town House	7	3,868,000	RM 529,500 ±23K MAD	-1.69%	RM 528.50 ±23 MAD	-1.69%
Detached	4	19,780,000	RM 5,200,000 ±180K MAD	-7.53%	RM 1,149.00 ±116 MAD	-4.70%

MATANG AVENUE in Bahagian Kuching, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 162.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 162, with most transactions between RM 162 and RM 162. The usual range is RM 136.75 to RM 187.25, showing that most units are priced quite close to each other. With an IQR of RM 50.50 and MAD of RM 0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.