Area Intelligence

1 AVENUE BUSINESS PARK

2 properties
Median Price
RM 843,000
PSF: RM 112

Commercial Market

Median Price

RM 843,000

IQR: RM 1
MAD: RM 1
RM 112 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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1 AVENUE BUSINESS PARK, Bahagian Serian, Sarawak

OSM

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Transactions

2 properties grouped by size

7,200 sqft 1 units Double Storey Shop
RM 798,000 PSF: RM 111
Road Price PSF Size Date
BATU 34 1/2 JLN SIMANGGANG
RM 798,000
RM 111.00
7,211 sqft
Aug 2024
7,850 sqft 1 units Double Storey Shop
RM 888,000 PSF: RM 113
Road Price PSF Size Date
34 1/2 MILE, SIMANGGANG ROAD
RM 888,000
RM 113.00
7,857 sqft
Mar 2023