SAPPHIRE ON THE PARK

SAPPHIRE ON THE PARK in Bahagian Kuching, Sarawak recorded 5 subsale transactions in 2022, with a median price of RM 483K and a median price per square foot (PSF) of RM 611.

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 483K, with most transactions falling within a stable range of RM 480K to RM 502K, and a typical market range of RM 480K to RM 530K.

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

For price per square foot, the median is RM 611, with most transactions between RM 570 and RM 652. The usual range is RM 574.88 to RM 647.13, showing that most units are priced quite close to each other. With an IQR of RM 72.25 and MAD of RM 41, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.