TAMAN SURIA JAYA in Bahagian Kuching, Sarawak recorded 15 subsale transactions in 2023, with a median price of RM 108K and a median price per square foot (PSF) of RM 167.
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 108K, with most transactions falling within a stable range of RM 99K to RM 117K, and a typical market range of RM 94K to RM 122K.
Most transactions involved flats, with high diversity across multiple property types.
For price per square foot, the median is RM 167, with most transactions between RM 155 and RM 179. The usual range is RM 154.00 to RM 180.00, 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.
