DESA MURNI PHASE 1

DESA MURNI PHASE 1 in Bahagian Miri, Sarawak recorded 11 subsale transactions in 2024, with a median price of RM 340K and a median price per square foot (PSF) of RM 198.

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 340K, with most transactions falling within a stable range of RM 310K to RM 384K, and a typical market range of RM 310K to RM 374K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 198, though individual units vary from RM 156 to RM 240 in the core range. The broader market spans RM 176.50 to RM 219.50, indicating diverse property characteristics. The spread of RM 43.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

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.