IMPERIAL SUITES SERVICES APARTMENTS

IMPERIAL SUITES SERVICES APARTMENTS in Bahagian Bintulu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 355K and a median price per square foot (PSF) of RM 491.

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 355K, with most transactions falling within a stable range of RM 230K to RM 480K, and a typical market range of RM 301K to RM 409K.

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

For price per square foot, the median is RM 491, with most transactions between RM 453 and RM 528. The usual range is RM 451.25 to RM 529.75, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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.