Area Intelligence

ICOM SQUARE

12 properties
2023
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Median Price
RM 607,000
PSF: RM 326

Commercial Market

Median Price

RM 607,000

IQR: RM 169
MAD: RM 90
RM 326 PSF 11.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ICOM SQUARE in Bahagian Kuching, Sarawak recorded 12 subsale transactions in 2023, with a median price of RM 607K and a median price per square foot (PSF) of RM 326.

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 607K, with most transactions falling within a stable range of RM 451K to RM 700K, and a typical market range of RM 477K to RM 700K.

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

Price per square foot shows a median of RM 326, though individual units vary from RM 140 to RM 511 in the core range. The broader market spans RM 241.00 to RM 410.00, indicating diverse property characteristics. A wider spread (IQR: RM 169.00) and deviation (MAD: RM 185) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ICOM SQUARE, Bahagian Kuching, Sarawak

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Transactions

12 properties grouped by size

900 sqft
2 units Shop/Retail Lot
RM 630,000
919 sqft · RM 686.00 PSF
Aug 2023
RM 630,000
922 sqft · RM 683.00 PSF
Aug 2023
950 sqft
2 units
RM 420,000
Office Lot
959 sqft · RM 438.00 PSF
Sep 2023
RM 600,000
Shop/Retail Lot
933 sqft · RM 643.00 PSF
Apr 2023
1,000 sqft
1 units Shop/Retail Lot
RM 346,000
992 sqft · RM 349.00 PSF
Oct 2023
1,600 sqft
1 units Shop/Retail Lot
RM 675,000
1,607 sqft · RM 420.00 PSF
Oct 2023
2,250 sqft
3 units Office Lot
RM 607,000
2,237 sqft · RM 271.00 PSF
Dec 2023
RM 607,000
2,237 sqft · RM 271.00 PSF
Dec 2023
RM 607,000
2,238 sqft · RM 271.00 PSF
Dec 2023
2,300 sqft
1 units Office Lot
RM 700,000
2,321 sqft · RM 302.00 PSF
Dec 2023
2,450 sqft
1 units Office Lot
RM 160,000
2,433 sqft · RM 66.00 PSF
Jul 2023
2,550 sqft
1 units Office Lot
RM 693,000
2,554 sqft · RM 271.00 PSF
Dec 2023