THE PARK RESIDENCE

THE PARK RESIDENCE in Bahagian Kuching, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 653K and a median price per square foot (PSF) of RM 531.

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 653K, with most transactions falling within a stable range of RM 573K to RM 733K, and a typical market range of RM 579K to RM 726K.

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

For price per square foot, the median is RM 531, with most transactions between RM 482 and RM 580. The usual range is RM 486.50 to RM 575.50, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 49, 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.