MATANG MALL

MATANG MALL in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 1,366.

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 150K, with most transactions falling within a stable range of RM 150K to RM 159K, and a typical market range of RM 150K to RM 155K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 1,366, with core pricing between RM 1,216 and RM 1,516. Market pricing typically extends from RM 1,281.25 to RM 1,450.75, reflecting moderate variation in unit pricing. With an IQR of RM 169.50 and MAD of RM 150, 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.