RAINTREE SQUARE @ THE ISTHMUS

Area Intelligence

2022

Median Price

RM 202,000

PSF: RM 165

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Commercial PSF Trends

Median Price

RM 202,000

RM 165 PSF

RAINTREE SQUARE @ THE ISTHMUS in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 202K and a median price per square foot (PSF) of RM 165.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 202K, with most transactions falling within a stable range of RM 147K to RM 257K, and a typical market range of RM 152K to RM 252K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 165, though individual units vary from RM 119 to RM 211 in the core range. The broader market spans RM 104.38 to RM 225.63, indicating diverse property characteristics. A wider spread (IQR: RM 121.25) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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RAINTREE SQUARE @ THE ISTHMUS, Bahagian Kuching, Sarawak

OSM