Area Intelligence

DESA SENADIN PHASE 8

5 properties
2021
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Median Price
RM 580,000
PSF: RM 449

Residential Market

Median Price

RM 315,000

IQR: RM 24
MAD: RM 12
RM 181 PSF 4.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 590,000

IQR: RM 44
MAD: RM 24
RM 450 PSF 3.4%

PSF Trends (2021-2025)

DESA SENADIN PHASE 8 in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2021, with a median price of RM 580K and a median price per square foot (PSF) of RM 449.

This area contains both residential and commercial properties. View 12 residential properties or 18 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 580K, with most transactions falling within a stable range of RM 418K to RM 720K, and a typical market range of RM 477K to RM 683K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 449, though individual units vary from RM 316 to RM 582 in the core range. The broader market spans RM 335.50 to RM 562.50, indicating diverse property characteristics. A wider spread (IQR: RM 227.00) and deviation (MAD: RM 133) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA SENADIN PHASE 8, Bahagian Miri, Sarawak

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Transactions

5 properties found

Single Storey Terraced
JALAN MAIGOLD
RM 330,000
PSF: RM 189.00
Area: 1,749 sqft
Date: Nov 2021
Double Storey Shop
OFF JALAN ILMU
RM 580,000
PSF: RM 449.00
Area: 1,292 sqft
Date: Nov 2021
Double Storey Shop
OFF JALAN ILMU
RM 720,000
PSF: RM 450.00
Area: 1,602 sqft
Date: Oct 2021
3-Storey Storey Shop
JALAN ILMU
RM 590,000
PSF: RM 457.00
Area: 1,292 sqft
Date: Oct 2021
Single Storey Terraced
JALAN MAIGOLD
RM 300,000
PSF: RM 172.00
Area: 1,749 sqft
Date: Aug 2021