PENDING COMMERCIAL CENTRE

PENDING COMMERCIAL CENTRE in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2024, with a median price of RM 880K and a median price per square foot (PSF) of RM 654.

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 880K, with most transactions falling within a stable range of RM 880K to RM 984K, and a typical market range of RM 880K to RM 948K.

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 654, with most transactions between RM 642 and RM 666. The usual range is RM 580.00 to RM 728.00, showing that most units are priced quite close to each other. With an IQR of RM 148.00 and MAD of RM 12, 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.