TAMAN SRI JAYA @ MATANG JAYA

TAMAN SRI JAYA @ MATANG JAYA in Bahagian Kuching, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 523K and a median price per square foot (PSF) of RM 114.

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 523K, with most transactions falling within a stable range of RM 515K to RM 530K, and a typical market range of RM 515K to RM 530K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 114, with most transactions between RM 105 and RM 123. The usual range is RM 110.50 to RM 117.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.