SAPPHIRE ON THE PARK

SAPPHIRE ON THE PARK in Bahagian Kuching, Sarawak recorded 7 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 587.

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 575K, with most transactions falling within a stable range of RM 529K to RM 617K, and a typical market range of RM 525K to RM 617K.

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

The median PSF stands at RM 587, with core pricing between RM 528 and RM 646. Market pricing typically extends from RM 550.88 to RM 623.13, reflecting moderate variation in unit pricing. With an IQR of RM 72.25 and MAD of RM 59, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.