Area Intelligence

PLAZA MERDEKA SHOPPING MALL

6 properties
Median Price
RM 524,500
PSF: RM 1,393

Commercial Market

Median Price

RM 524,500

IQR: RM 547
MAD: RM 329
RM 1,393 PSF 25.1%

PSF Trends (2021-2025)

PLAZA MERDEKA SHOPPING MALL in Bahagian Kuching, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 525K and a median price per square foot (PSF) of RM 1,393.

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 525K, with most transactions falling within a stable range of RM 436K to RM 614K, and a typical market range of RM 452K to RM 597K.

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

Price per square foot shows a median of RM 1,393, though individual units vary from RM 1,064 to RM 1,722 in the core range. The broader market spans RM 1,119.13 to RM 1,665.88, indicating diverse property characteristics. The spread of RM 546.75 (IQR) and deviation of RM 329 (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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PLAZA MERDEKA SHOPPING MALL, Bahagian Kuching, Sarawak

OSM

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Transactions

6 properties grouped by size

200 sqft 1 units Shop/Retail Lot
RM 230,000 PSF: RM 1,213
Price PSF Size Date
RM 230,000
RM 1,213.00
190 sqft
Jul 2023
250 sqft 1 units Shop/Retail Lot
RM 500,000 PSF: RM 2,157
Price PSF Size Date
RM 500,000
RM 2,157.00
232 sqft
Aug 2024
350 sqft 2 units Shop/Retail Lot
RM 500,000 - 685,000 PSF: RM 1,685
Price PSF Size Date
RM 685,000
RM 1,871.00
366 sqft
Jan 2024
RM 500,000
RM 1,499.00
334 sqft
Sep 2022
550 sqft 1 units Shop/Retail Lot
RM 678,000 PSF: RM 1,286
Price PSF Size Date
RM 678,000
RM 1,286.00
527 sqft
Dec 2022
600 sqft 1 units Shop/Retail Lot
RM 549,000 PSF: RM 901
Price PSF Size Date
RM 549,000
RM 901.00
610 sqft
Dec 2022