THE RYEGATES

THE RYEGATES in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 718K and a median price per square foot (PSF) of RM 428.

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 718K, with most transactions falling within a stable range of RM 685K to RM 750K, and a typical market range of RM 685K to RM 750K.

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

For price per square foot, the median is RM 428, with most transactions between RM 423 and RM 433. The usual range is RM 400.50 to RM 455.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 5, 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.