DESA SENADIN 2 (P/L 4546)

DESA SENADIN 2 (P/L 4546) in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 206.

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 395K, with most transactions falling within a stable range of RM 370K to RM 476K, and a typical market range of RM 377K to RM 413K.

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

Price per square foot shows a median of RM 206, though individual units vary from RM 163 to RM 249 in the core range. The broader market spans RM 203.00 to RM 209.00, indicating diverse property characteristics. The spread of RM 6.00 (IQR) and deviation of RM 43 (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.