STAKAN JAYA LIGHT INDUSTRIAL ESTATE

STAKAN JAYA LIGHT INDUSTRIAL ESTATE in Bahagian Samarahan, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 840K and a median price per square foot (PSF) of RM 112.

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 840K, with most transactions falling within a stable range of RM 800K to RM 940K, and a typical market range of RM 800K to RM 893K.

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

Price per square foot shows a median of RM 112, though individual units vary from RM 84 to RM 140 in the core range. The broader market spans RM 103.50 to RM 120.50, indicating diverse property characteristics. The spread of RM 17.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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.