Area Intelligence

PLAZA MERDEKA SHOPPING MALL

6 properties
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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

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Transactions

6 properties found

Shop/Retail Lot
RM 500,000
PSF: RM 2,157.00
Area: 232 sqft
Date: Aug 2024
Shop/Retail Lot
RM 685,000
PSF: RM 1,871.00
Area: 366 sqft
Date: Jan 2024
Shop/Retail Lot
RM 230,000
PSF: RM 1,213.00
Area: 190 sqft
Date: Jul 2023
Shop/Retail Lot
RM 678,000
PSF: RM 1,286.00
Area: 527 sqft
Date: Dec 2022
Shop/Retail Lot
RM 549,000
PSF: RM 901.00
Area: 610 sqft
Date: Dec 2022
Shop/Retail Lot
RM 500,000
PSF: RM 1,499.00
Area: 334 sqft
Date: Sep 2022