SMI INDUSTRIAL PARK

SMI INDUSTRIAL PARK in Bahagian Kuching, Sarawak recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 663K and a median price per square foot (PSF) of RM 87.

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 663K, with most transactions falling within a stable range of RM 628K to RM 698K, and a typical market range of RM 635K to RM 690K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 87, with most transactions between RM 82 and RM 91. The usual range is RM 82.75 to RM 90.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.50 and an average deviation (MAD) of RM 5 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. 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.