DESA SENADIN INDUSTRIAL (PHASE 9)

DESA SENADIN INDUSTRIAL (PHASE 9) in Bahagian Miri, Sarawak recorded 6 subsale transactions in 2022, with a median price of RM 645K and a median price per square foot (PSF) of RM 103.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 645K, with most transactions falling within a stable range of RM 580K to RM 717K, and a typical market range of RM 580K to RM 757K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 103, with core pricing between RM 89 and RM 116. Market pricing typically extends from RM 85.88 to RM 119.13, reflecting moderate variation in unit pricing. With an IQR of RM 33.25 and MAD of RM 14, 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.