Area Intelligence

PLAZA MERDEKA SHOPPING MALL

3 properties
2022
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Median Price
RM 549,000
PSF: RM 1,286

Commercial Market

Median Price

RM 549,000

IQR: RM 547
MAD: RM 329
RM 1,286 PSF 25.1%

PSF Trends (2021-2025)

PLAZA MERDEKA SHOPPING MALL in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 549K and a median price per square foot (PSF) of RM 1,286.

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 549K, with most transactions falling within a stable range of RM 500K to RM 624K, and a typical market range of RM 500K to RM 622K.

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

The median PSF stands at RM 1,286, with core pricing between RM 1,039 and RM 1,533. Market pricing typically extends from RM 1,012.63 to RM 1,559.38, reflecting moderate variation in unit pricing. The spread of RM 546.75 (IQR) and deviation of RM 247 (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

3 properties grouped by size

350 sqft 1 units Shop/Retail Lot
RM 500,000 PSF: RM 1,499
Price PSF Size Date
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