GOLDEN PARK

GOLDEN PARK in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 498K and a median price per square foot (PSF) of RM 171.

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 498K, with most transactions falling within a stable range of RM 350K to RM 685K, and a typical market range of RM 386K to RM 611K.

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

The median PSF stands at RM 171, with core pricing between RM 144 and RM 198. Market pricing typically extends from RM 156.75 to RM 185.25, reflecting moderate variation in unit pricing. The spread of RM 28.50 (IQR) and deviation of RM 27 (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. Limited transaction history suggests carefully evaluating comparable sales data.