Area Intelligence

MILAN SQUARE

2 properties
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Median Price
RM 2,000,000
PSF: RM 1,632

Commercial Market

Median Price

RM 2,000,000

IQR: RM 304
MAD: RM 304
RM 1,632 PSF 20.7%

PSF Trends (2021-2025)

MILAN SQUARE in Bahagian Kuching, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 2.00 million and a median price per square foot (PSF) of RM 1,632.

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 2.00 million, with most transactions falling within a stable range of RM 1.50 million to RM 2.50 million, and a typical market range of RM 1.75 million to RM 2.25 million.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 1,632, with core pricing between RM 1,328 and RM 1,935. Market pricing typically extends from RM 1,479.75 to RM 1,783.25, reflecting moderate variation in unit pricing. The spread of RM 303.50 (IQR) and deviation of RM 304 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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MILAN SQUARE, Bahagian Kuching, Sarawak

OSM

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Transactions

2 properties found

4-Storey Storey Shop
JALAN WAN ALWI
RM 2,500,000
PSF: RM 1,935.00
Area: 1,292 sqft
Date: Aug 2024
4-Storey Storey Shop
LORONG WAN ALWI 7
RM 1,500,000
PSF: RM 1,328.00
Area: 1,129 sqft
Date: Jun 2022