BAY RESORT CONDOMINIUM

BAY RESORT CONDOMINIUM in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 441.

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 1.13 million, with most transactions falling within a stable range of RM 850K to RM 1.40 million, and a typical market range of RM 925K to RM 1.33 million.

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

The median PSF stands at RM 441, with core pricing between RM 392 and RM 489. Market pricing typically extends from RM 376.50 to RM 504.50, reflecting moderate variation in unit pricing. With an IQR of RM 128.00 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

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.