Area Intelligence

CHONGLIN PARK

9 properties
2023
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Median Price
RM 155,000
PSF: RM 236

Residential Market

Median Price

RM 142,000

IQR: RM 50
MAD: RM 25
RM 210 PSF 2.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 522,500

IQR: RM 211
MAD: RM 65
RM 420 PSF 4.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHONGLIN PARK in Bahagian Kuching, Sarawak recorded 9 subsale transactions in 2023, with a median price of RM 155K and a median price per square foot (PSF) of RM 236.

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 155K, with most transactions falling within a stable range of RM 130K to RM 312K, and a typical market range of RM 138K to RM 173K.

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

Price per square foot shows a median of RM 236, though individual units vary from RM 146 to RM 326 in the core range. The broader market spans RM 209.50 to RM 262.50, indicating diverse property characteristics. A wider spread (IQR: RM 53.00) and deviation (MAD: RM 90) 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

9 properties grouped by size

600 sqft
1 units Condo/Apartment
RM 155,000
600 sqft · RM 258.00 PSF
Feb 2023
650 sqft
3 units Condo/Apartment
RM 140,000
667 sqft · RM 210.00 PSF
May 2023
RM 130,000
660 sqft · RM 197.00 PSF
Apr 2023
RM 130,000
667 sqft · RM 195.00 PSF
Apr 2023
700 sqft
1 units Flat
RM 170,000
719 sqft · RM 236.00 PSF
Apr 2023
900 sqft
1 units Condo/Apartment
RM 142,000
882 sqft · RM 161.00 PSF
Jul 2023
1,200 sqft
1 units Shop/Retail Lot
RM 520,000
1,205 sqft · RM 432.00 PSF
Aug 2023
1,300 sqft
2 units
RM 320,000
Condo/Apartment
1,291 sqft · RM 248.00 PSF
Oct 2023
RM 525,000
Shop/Retail Lot
1,291 sqft · RM 407.00 PSF
Mar 2023