TAMAN GENESIS

TAMAN GENESIS in Bahagian Kuching, Sarawak recorded 11 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 187.

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 335K, with most transactions falling within a stable range of RM 200K to RM 485K, and a typical market range of RM 301K to RM 369K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 187, with core pricing between RM 152 and RM 222. Market pricing typically extends from RM 169.50 to RM 204.50, reflecting moderate variation in unit pricing. The spread of RM 35.00 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.