POH KWONG PARK

POH KWONG PARK in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 156.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 300K to RM 410K, and a typical market range of RM 300K to RM 370K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 156, with core pricing between RM 131 and RM 181. Market pricing typically extends from RM 136.75 to RM 175.25, reflecting moderate variation in unit pricing. The spread of RM 38.50 (IQR) and deviation of RM 25 (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.