PLAZA MERDEKA SHOPPING MALL

Area Intelligence
6 subsale transactions
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Median Price
RM 524,500
PSF: RM 1,393

Commercial PSF Trends

Median Price

RM 524,500

RM 1,393 PSF

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.

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PLAZA MERDEKA SHOPPING MALL, Bahagian Kuching, Sarawak

OSM

Transactions

6 transactions grouped by size

200 sqft
Shop/Retail Lot
RM 230,000
Level 3
190 sqft · RM 1,213.00 PSF
Jul 2023
250 sqft
Shop/Retail Lot
RM 500,000
Level LG
232 sqft · RM 2,157.00 PSF
Aug 2024
350 sqft
Shop/Retail Lot
RM 685,000
Level G
366 sqft · RM 1,871.00 PSF
Jan 2024
RM 500,000
Level 1
334 sqft · RM 1,499.00 PSF
Sep 2022
550 sqft
Shop/Retail Lot
RM 678,000
Level 1
527 sqft · RM 1,286.00 PSF
Dec 2022
600 sqft
Shop/Retail Lot
RM 549,000
Level 3
610 sqft · RM 901.00 PSF
Dec 2022