ICOM SQUARE

ICOM SQUARE in Bahagian Kuching, Sarawak recorded 8 subsale transactions in 2024, with a median price of RM 508K and a median price per square foot (PSF) of RM 470.

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 508K, with most transactions falling within a stable range of RM 395K to RM 620K, and a typical market range of RM 378K to RM 638K.

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

The median PSF stands at RM 470, with core pricing between RM 395 and RM 545. Market pricing typically extends from RM 385.50 to RM 554.50, reflecting moderate variation in unit pricing. The spread of RM 169.00 (IQR) and deviation of RM 75 (MAD) suggest moderate price variations reflecting different property features.

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.