Area Intelligence

DESA SENADIN PHASE 8

9 properties
2024
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Median Price
RM 489,000
PSF: RM 361

Residential Market

Median Price

RM 362,500

IQR: RM 24
MAD: RM 12
RM 208 PSF 4.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 44
MAD: RM 24
RM 406 PSF 3.4%

PSF Trends (2021-2025)

DESA SENADIN PHASE 8 in Bahagian Miri, Sarawak recorded 9 subsale transactions in 2024, with a median price of RM 489K and a median price per square foot (PSF) of RM 361.

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 489K, with most transactions falling within a stable range of RM 351K to RM 627K, and a typical market range of RM 386K to RM 592K.

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 361, though individual units vary from RM 226 to RM 496 in the core range. The broader market spans RM 247.50 to RM 474.50, indicating diverse property characteristics. A wider spread (IQR: RM 227.00) and deviation (MAD: RM 135) 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

9 properties grouped by size

1,300 sqft 3 units
RM 518,000 - 800,000 PSF: RM 482
Road Type Price PSF Size Date
OFF JALAN ILMU
Double Storey Shop
RM 550,000
RM 426.00
1,292 sqft
Nov 2024
JALAN ILMU
3-Storey Storey Shop
RM 800,000
RM 619.00
1,292 sqft
Jul 2024
OFF JALAN ILMU
Double Storey Shop
RM 518,000
RM 401.00
1,291 sqft
Apr 2024
1,350 sqft 2 units Double Storey Shop
RM 489,000 - 550,000 PSF: RM 384
Road Price PSF Size Date
JLN DESA SENADIN
RM 489,000
RM 361.00
1,356 sqft
Jul 2024
OFF JALAN ILMU
RM 550,000
RM 406.00
1,356 sqft
Jan 2024
1,750 sqft 4 units Single Storey Terraced
RM 350,000 - 370,000 PSF: RM 207
Road Price PSF Size Date
OFF JALAN ILMU
RM 365,000
RM 209.00
1,749 sqft
Aug 2024
OFF JALAN ILMU
RM 370,000
RM 212.00
1,748 sqft
May 2024
JALAN DESA SENADIN
RM 350,000
RM 200.00
1,748 sqft
Mar 2024
JALAN DESA SENADIN
RM 360,000
RM 206.00
1,748 sqft
Jan 2024