THE TROPICS

THE TROPICS in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 675K and a median price per square foot (PSF) of RM 443.

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 675K, with most transactions falling within a stable range of RM 650K to RM 700K, and a typical market range of RM 650K to RM 700K.

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

For price per square foot, the median is RM 443, with most transactions between RM 425 and RM 461. The usual range is RM 400.38 to RM 485.63, showing that most units are priced quite close to each other. With an IQR of RM 85.25 and MAD of RM 18, 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.