Area Intelligence

MATANG AVENUE

2 properties

2021

Median Price

RM 450,000

PSF: RM 150

Residential Market

Median Price

RM 450,000

IQR: RM 51

MAD: RM 18

RM 150 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 2 subsale transactions in 2021, with a median price of RM 450K and a median price per square foot (PSF) of RM 150.

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 450K, with most transactions falling within a stable range of RM 400K to RM 500K, and a typical market range of RM 414K to RM 486K.

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

Price per square foot shows a median of RM 150, though individual units vary from RM 101 to RM 198 in the core range. The broader market spans RM 124.25 to RM 174.75, indicating diverse property characteristics. A wider spread (IQR: RM 50.50) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.

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.