CENTRAL AVENUE

CENTRAL AVENUE in Bahagian Kuching, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 189K and a median price per square foot (PSF) of RM 228.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 189K, with most transactions falling within a stable range of RM 124K to RM 940K, and a typical market range of RM 124K to RM 983K.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

The median PSF stands at RM 228, with core pricing between RM 187 and RM 269. Market pricing typically extends from RM 204.50 to RM 251.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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.