PARKCITY RESIDENCE

PARKCITY RESIDENCE in Bahagian Bintulu, Sarawak recorded 8 subsale transactions in 2023, with a median price of RM 247K and a median price per square foot (PSF) of RM 723.

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 247K, with most transactions falling within a stable range of RM 235K to RM 344K, and a typical market range of RM 238K to RM 255K.

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

For price per square foot, the median is RM 723, with most transactions between RM 703 and RM 743. The usual range is RM 707.75 to RM 738.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.50 and an average deviation (MAD) of RM 20 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.