Area Intelligence

CANAAN SQUARE

8 properties
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Median Price
RM 530,000
PSF: RM 542

Commercial Market

Median Price

RM 530,000

IQR: RM 86
MAD: RM 39
RM 542 PSF 2.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CANAAN SQUARE in Bahagian Kuching, Sarawak recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 542.

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 530K, with most transactions falling within a stable range of RM 492K to RM 568K, and a typical market range of RM 480K to RM 580K.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 542, with most transactions between RM 503 and RM 580. The usual range is RM 498.38 to RM 584.63, showing that most units are priced quite close to each other. With an IQR of RM 86.25 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CANAAN SQUARE, Bahagian Kuching, Sarawak

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Transactions

8 properties grouped by size

1,000 sqft
7 units
RM 675,000
Shop/Retail Lot
978 sqft · RM 690.00 PSF
Jan 2025
RM 575,000
4-Storey Storey Shop JALAN STUTONG BARU
979 sqft · RM 587.00 PSF
Jul 2024
RM 500,000
Office Lot
979 sqft · RM 511.00 PSF
Jul 2024
RM 560,000
4-Storey Storey Shop JALAN STUTONG BARU
979 sqft · RM 572.00 PSF
Oct 2023
RM 475,000
4-Storey Storey Shop JALAN STUTONG BARU
979 sqft · RM 485.00 PSF
Dec 2021
RM 499,000
4-Storey Storey Shop JALAN STUTONG BARU
979 sqft · RM 510.00 PSF
Nov 2021
RM 500,000
4-Storey Storey Shop JALAN STUTONG BARU
979 sqft · RM 511.00 PSF
Nov 2021
4,800 sqft
1 units 4-Storey Storey Shop
RM 3,000,000
JALAN STUTONG BARU
4,788 sqft · RM 627.00 PSF
Apr 2023