Area Intelligence

JALAN KWONG LEE BANK

3 properties
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Median Price
RM 800,000
PSF: RM 606

Commercial Market

Median Price

RM 800,000

IQR: RM 250
MAD: RM 61
RM 606 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JALAN KWONG LEE BANK in Bahagian Kuching, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 800K and a median price per square foot (PSF) of RM 606.

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 800K, with most transactions falling within a stable range of RM 600K to RM 1.00 million, and a typical market range of RM 625K to RM 975K.

Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 606, with core pricing between RM 545 and RM 667. Market pricing typically extends from RM 481.25 to RM 730.75, reflecting moderate variation in unit pricing. With an IQR of RM 249.50 and MAD of RM 61, 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. 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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JALAN KWONG LEE BANK, Bahagian Kuching, Sarawak

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Transactions

3 properties grouped by size

1,300 sqft
1 units 4-Storey Storey Shop
RM 800,000
BANGUNAN SIM HUNG ENG
1,320 sqft · RM 606.00 PSF
May 2024
1,500 sqft
1 units 4-Storey Storey Shop
RM 1,000,000
JALAN KWONG LEE BANK
1,499 sqft · RM 667.00 PSF
Jan 2025
1,800 sqft
1 units 3-Storey Storey Shop
RM 300,000
JALAN KWONG LEE BANK
1,790 sqft · RM 168.00 PSF
Feb 2025