CENTRAL CITY

CENTRAL CITY in Bahagian Samarahan, Sarawak recorded 10 subsale transactions in 2022, with a median price of RM 481K and a median price per square foot (PSF) of RM 254.

This area contains both residential and commercial properties. View 53 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 481K, with most transactions falling within a stable range of RM 368K to RM 515K, and a typical market range of RM 335K to RM 515K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 254, with core pricing between RM 210 and RM 298. Market pricing typically extends from RM 215.50 to RM 292.50, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.