Area Intelligence

RH PLAZA

2 properties
2024
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Median Price
RM 1,650,000
PSF: RM 1,187

Commercial Market

Median Price

RM 1,650,000

IQR: RM 147
MAD: RM 83
RM 1,187 PSF 5.9%

PSF Trends (2021-2025)

RH PLAZA in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 1.65 million and a median price per square foot (PSF) of RM 1,187.

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 1.65 million, with most transactions falling within a stable range of RM 1.30 million to RM 2.00 million, and a typical market range of RM 1.45 million to RM 1.85 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,187, with most transactions between RM 1,082 and RM 1,292. The usual range is RM 1,113.75 to RM 1,260.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 105, the PSF demonstrates reasonable consistency across the market.

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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RH PLAZA, Bahagian Kuching, Sarawak

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Transactions

2 properties found

3-Storey Storey Shop
LORONG LAPANGAN TERBANG 1
RM 2,000,000
PSF: RM 1,292.00
Area: 1,548 sqft
Date: Nov 2024
3-Storey Storey Shop
JALAN LAPANGAN TERBANG
RM 1,300,000
PSF: RM 1,082.00
Area: 1,201 sqft
Date: Apr 2024