Commercial Market
Median Price
RM 843,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
SOHO/SOFO/SOVO
15 properties
Median Price
RM 358,000
-9.0% CAGR
Median PSF
RM 641.00
-3.6% CAGR
Office Lot
6 properties
Median Price
RM 370,000
-2.0% CAGR
Median PSF
RM 639.00
-12.0% CAGR
Shop/Retail Lot
2 properties
Median Price
RM 330,000
Median PSF
RM 683.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
SOHO/SOFO/SOVO | 15 | 5,259,000 |
RM 358,000
±46K MAD
|
-9.03% |
RM 641.00
±87 MAD
|
-3.58% | |
Office Lot | 6 | 2,126,000 |
RM 370,000
±15K MAD
|
-1.97% |
RM 639.00
±39 MAD
|
-12.01% | |
Shop/Retail Lot | 2 | 660,000 |
RM 330,000
|
- |
RM 683.00
|
- |
1 AVENUE BUSINESS PARK in Bahagian Serian, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 843K 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 843K, with most transactions falling within a stable range of RM 798K to RM 888K, and a typical market range of RM 821K to RM 866K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 112, with most transactions between RM 111 and RM 113. The usual range is RM 111.50 to RM 112.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 1.00 and an average deviation (MAD) of RM 1 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BATU 34 1/2 JLN SIMANGGANG
|
RM 798,000
|
RM 111.00
|
7,211 sqft
|
Aug 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
34 1/2 MILE, SIMANGGANG ROAD
|
RM 888,000
|
RM 113.00
|
7,857 sqft
|
Mar 2023
|