SWEE JOO PARK

SWEE JOO PARK in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 518K and a median price per square foot (PSF) of RM 275.

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 518K, with most transactions falling within a stable range of RM 438K to RM 598K, and a typical market range of RM 512K to RM 524K.

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

The median PSF stands at RM 275, with core pricing between RM 232 and RM 317. Market pricing typically extends from RM 232.50 to RM 316.50, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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.