Area Intelligence

GASSAN INDUSTRIAL PARK

3 properties
2023
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Median Price
RM 1,050,000
PSF: RM 172

Commercial Market

Median Price

RM 1,050,000

IQR: RM 19
MAD: RM 11
RM 172 PSF 4.7%

PSF Trends (2021-2025)

GASSAN INDUSTRIAL PARK in Bahagian Samarahan, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 172.

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 1.05 million, with most transactions falling within a stable range of RM 950K to RM 1.15 million, and a typical market range of RM 988K to RM 1.11 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 172, with most transactions between RM 158 and RM 186. The usual range is RM 162.75 to RM 181.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.50 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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GASSAN INDUSTRIAL PARK, Bahagian Samarahan, Sarawak

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Transactions

3 properties grouped by size

5,500 sqft 1 units Semi-D Factory
RM 950,000 PSF: RM 172
Road Price PSF Size Date
JALAN LIU SHAN BANG
RM 950,000
RM 172.00
5,511 sqft
Nov 2023
6,200 sqft 1 units Semi-D Factory
RM 1,199,000 PSF: RM 193
Road Price PSF Size Date
JALAN LIU SHAN BANG
RM 1,199,000
RM 193.00
6,224 sqft
Jun 2023
6,650 sqft 1 units Semi-D Factory
RM 1,050,000 PSF: RM 158
Road Price PSF Size Date
JALAN LIU SHAN BANG
RM 1,050,000
RM 158.00
6,632 sqft
Nov 2023