Commercial Market
Median Price
RM 888,000
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 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
34 1/2 MILE, SIMANGGANG ROAD
|
RM 888,000
|
RM 113.00
|
7,857 sqft
|
Mar 2023
|