Area Intelligence

CHONGLIN PARK

10 properties
2022
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Median Price
RM 156,500
PSF: RM 230

Residential Market

Median Price

RM 155,000

IQR: RM 50
MAD: RM 25
RM 221 PSF 2.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 211
MAD: RM 65
RM 456 PSF 4.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHONGLIN PARK in Bahagian Kuching, Sarawak recorded 10 subsale transactions in 2022, with a median price of RM 157K and a median price per square foot (PSF) of RM 230.

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 157K, with most transactions falling within a stable range of RM 145K to RM 331K, and a typical market range of RM 145K to RM 174K.

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

Price per square foot shows a median of RM 230, though individual units vary from RM 130 to RM 330 in the core range. The broader market spans RM 203.50 to RM 256.50, indicating diverse property characteristics. A wider spread (IQR: RM 53.00) and deviation (MAD: RM 100) 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. 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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CHONGLIN PARK, Bahagian Kuching, Sarawak

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Transactions

10 properties grouped by size

650 sqft
5 units Condo/Apartment
RM 145,000
657 sqft · RM 221.00 PSF
Dec 2022
RM 145,000
660 sqft · RM 220.00 PSF
Dec 2022
RM 180,000
667 sqft · RM 270.00 PSF
Oct 2022
RM 158,000
660 sqft · RM 239.00 PSF
Aug 2022
RM 145,000
667 sqft · RM 217.00 PSF
Jul 2022
700 sqft
3 units
RM 150,000
4-Storey Storey Shop JALAN TABUAN
678 sqft · RM 221.00 PSF
Sep 2022
RM 155,000
Condo/Apartment
719 sqft · RM 216.00 PSF
Sep 2022
RM 178,000
Flat
678 sqft · RM 263.00 PSF
Sep 2022
1,200 sqft
1 units Shop/Retail Lot
RM 550,000
1,205 sqft · RM 456.00 PSF
Apr 2022
1,250 sqft
1 units Shop/Retail Lot
RM 630,000
1,259 sqft · RM 500.00 PSF
Oct 2022