1 AVENUE BUSINESS PARK

1 properties

2023

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Median Price

RM 888,000

PSF: RM 113

Commercial Market

Median Price

RM 888,000

IQR: RM 1

MAD: RM 1

RM 113 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SOHO/SOFO/SOVO

15 properties

5,259,000 txns

Median Price

RM 358,000

-9.0% CAGR

Median PSF

RM 641.00

-3.6% CAGR

Office Lot

6 properties

2,126,000 txns

Median Price

RM 370,000

-2.0% CAGR

Median PSF

RM 639.00

-12.0% CAGR

Shop/Retail Lot

2 properties

660,000 txns

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 1 subsale transactions in 2023, with a median price of RM 888K and a median price per square foot (PSF) of RM 113.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 113, with most transactions between RM 113 and RM 113. The usual range is RM 112.50 to RM 113.50, 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 0 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.