MATANG RIA COMMERCIAL CENTRE

MATANG RIA COMMERCIAL CENTRE in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 242.

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 275K, with most transactions falling within a stable range of RM 250K to RM 300K, and a typical market range of RM 250K to RM 300K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 242, with most transactions between RM 225 and RM 258. The usual range is RM 200.75 to RM 282.25, showing that most units are priced quite close to each other. With an IQR of RM 81.50 and MAD of RM 17, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.