DESA SENADIN PHASE 4

DESA SENADIN PHASE 4 in Bahagian Miri, Sarawak recorded 19 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 192.

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 300K, with most transactions falling within a stable range of RM 280K to RM 362K, and a typical market range of RM 280K to RM 361K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 192, though individual units vary from RM 142 to RM 242 in the core range. The broader market spans RM 174.63 to RM 209.38, indicating diverse property characteristics. A wider spread (IQR: RM 34.75) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.

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.