Area Intelligence

SMI INDUSTRIAL PARK

16 properties
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Median Price
RM 662,500
PSF: RM 87

Commercial Market

Median Price

RM 662,500

IQR: RM 8
MAD: RM 5
RM 87 PSF 0.9%

PSF Trends (2021-2025)

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 557K to RM 768K, and a typical market range of RM 635K to RM 690K.

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

The median PSF stands at RM 87, with core pricing between RM 73 and RM 100. Market pricing typically extends from RM 82.75 to RM 90.25, reflecting moderate variation in unit pricing. The spread of RM 7.50 (IQR) and deviation of RM 14 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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SMI INDUSTRIAL PARK, Bahagian Kuching, Sarawak

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Transactions

16 properties grouped by size

7,650 sqft
16 units (showing 6) Semi-D Factory
RM 720,000
JALAN BAKO
7,641 sqft · RM 94.00 PSF
Jul 2024
RM 650,000
JLN BAKO
7,642 sqft · RM 85.00 PSF
Jun 2024
RM 850,000
LORONG DEMAK INDAH 5A
7,642 sqft · RM 111.00 PSF
May 2024
RM 650,000
JALAN BAKO
7,642 sqft · RM 85.00 PSF
Mar 2024
RM 675,000
LORONG DEMAK INDAH
7,641 sqft · RM 88.00 PSF
Mar 2024
RM 625,000
JALAN BAKO
7,641 sqft · RM 82.00 PSF
Jan 2024