RAINTREE SQUARE @ THE ISTHMUS in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 402K and a median price per square foot (PSF) of RM 408.
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 402K, with most transactions falling within a stable range of RM 347K to RM 457K, and a typical market range of RM 352K to RM 451K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM 408, with core pricing between RM 362 and RM 454. Market pricing typically extends from RM 346.88 to RM 468.13, reflecting moderate variation in unit pricing. With an IQR of RM 121.25 and MAD of RM 46, 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.