GENESIS LIGHT INDUSTRIAL PARK

GENESIS LIGHT INDUSTRIAL PARK in Bahagian Kuching, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 700K and a median price per square foot (PSF) of RM 350.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 650K to RM 1.46 million, and a typical market range of RM 650K to RM 983K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 350, though individual units vary from RM 258 to RM 442 in the core range. The broader market spans RM 300.00 to RM 400.00, indicating diverse property characteristics. A wider spread (IQR: RM 100.00) and deviation (MAD: RM 92) 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.