LEE LING COMMERCIAL CENTRE

LEE LING COMMERCIAL CENTRE in Bahagian Kuching, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 757.

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 950K, with most transactions falling within a stable range of RM 850K to RM 1.15 million, and a typical market range of RM 850K to RM 1.05 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 757, with most transactions between RM 712 and RM 801. The usual range is RM 735.38 to RM 777.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.25 and an average deviation (MAD) of RM 45 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.