ICOM SQUARE

ICOM SQUARE in Bahagian Kuching, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 343K and a median price per square foot (PSF) of RM 338.

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 343K, with most transactions falling within a stable range of RM 335K to RM 450K, and a typical market range of RM 335K to RM 473K.

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

For price per square foot, the median is RM 338, with most transactions between RM 322 and RM 354. The usual range is RM 253.50 to RM 422.50, showing that most units are priced quite close to each other. With an IQR of RM 169.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

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.