DESA SENADIN PHASE 3

DESA SENADIN PHASE 3 in Bahagian Miri, Sarawak recorded 24 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 167.

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 325K, with most transactions falling within a stable range of RM 245K to RM 425K, and a typical market range of RM 245K to RM 409K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 167, though individual units vary from RM 126 to RM 207 in the core range. The broader market spans RM 134.50 to RM 198.50, indicating diverse property characteristics. The spread of RM 64.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.