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 410K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 156, with core pricing between RM 131 and RM 181. Market pricing typically extends from RM 134.00 to RM 178.00, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.