RIVERBANK SUITES

RIVERBANK SUITES in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 585K and a median price per square foot (PSF) of RM 541.

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 585K, with most transactions falling within a stable range of RM 550K to RM 620K, and a typical market range of RM 550K to RM 620K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 541, with most transactions between RM 506 and RM 576. The usual range is RM 487.00 to RM 595.00, showing that most units are priced quite close to each other. With an IQR of RM 108.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

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.