RAINTREE SQUARE @ THE ISTHMUS

RAINTREE SQUARE @ THE ISTHMUS in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 402K and a median price per square foot (PSF) of RM 408.

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 402K, with most transactions falling within a stable range of RM 257K to RM 546K, and a typical market range of RM 352K to RM 451K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 408, though individual units vary from RM 211 to RM 604 in the core range. The broader market spans RM 346.88 to RM 468.13, indicating diverse property characteristics. A wider spread (IQR: RM 121.25) and deviation (MAD: RM 197) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.