CHONGLIN PARK

CHONGLIN PARK in Bahagian Kuching, Sarawak recorded 12 subsale transactions in 2024, with a median price of RM 173K and a median price per square foot (PSF) of RM 219.

This area contains both residential and commercial properties. View 23 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 173K, with most transactions falling within a stable range of RM 155K to RM 185K, and a typical market range of RM 156K to RM 185K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 219, with core pricing between RM 180 and RM 258. Market pricing typically extends from RM 192.50 to RM 245.50, reflecting moderate variation in unit pricing. The spread of RM 53.00 (IQR) and deviation of RM 39 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.