PENDING COMMERCIAL CENTRE

PENDING COMMERCIAL CENTRE in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 900K and a median price per square foot (PSF) of RM 530.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 530, with most transactions between RM 523 and RM 536. The usual range is RM 455.50 to RM 603.50, showing that most units are priced quite close to each other. With an IQR of RM 148.00 and MAD of RM 7, 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.