TRV - I PARK

TRV - I PARK in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 920K and a median price per square foot (PSF) of RM 153.

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 920K, with most transactions falling within a stable range of RM 890K to RM 950K, and a typical market range of RM 890K to RM 950K.

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

For price per square foot, the median is RM 153, with most transactions between RM 144 and RM 161. The usual range is RM 139.50 to RM 165.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 9 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.