CENTRAL PARK

CENTRAL PARK in Bahagian Kuching, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 800K and a median price per square foot (PSF) of RM 170.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 800K, with most transactions falling within a stable range of RM 597K to RM 950K, and a typical market range of RM 660K to RM 941K.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 170, though individual units vary from RM 108 to RM 232 in the core range. The broader market spans RM 124.75 to RM 215.25, indicating diverse property characteristics. A wider spread (IQR: RM 90.50) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.