MERRITON @ KUCHING

MERRITON @ KUCHING in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 253K and a median price per square foot (PSF) of RM 707.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 253K, with most transactions falling within a stable range of RM 250K to RM 255K, and a typical market range of RM 250K to RM 255K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 707, with most transactions between RM 700 and RM 714. The usual range is RM 627.00 to RM 787.00, showing that most units are priced quite close to each other. With an IQR of RM 160.00 and MAD of RM 7, 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.