TAMAN SURIA JAYA in Bahagian Kuching, Sarawak recorded 13 subsale transactions in 2022, with a median price of RM 109K and a median price per square foot (PSF) of RM 162.
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 109K, with most transactions falling within a stable range of RM 100K to RM 118K, and a typical market range of RM 95K to RM 123K.
Most transactions involved flats, with high diversity across multiple property types.
For price per square foot, the median is RM 162, with most transactions between RM 150 and RM 174. The usual range is RM 149.00 to RM 175.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
