GILBERT ESTATE

GILBERT ESTATE in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 441K and a median price per square foot (PSF) of RM 149.

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 441K, with most transactions falling within a stable range of RM 392K to RM 490K, and a typical market range of RM 417K to RM 466K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

Price per square foot shows a median of RM 149, though individual units vary from RM 113 to RM 184 in the core range. The broader market spans RM 130.75 to RM 166.25, indicating diverse property characteristics. The spread of RM 35.50 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.