Area Intelligence

GRAND PARK 3

3 properties
Median Price
RM 550,000
PSF: RM 126

Residential Market

Median Price

RM 550,000

IQR: RM 69
MAD: RM 11
RM 126 PSF 46.0%

PSF Trends (2021-2025)

GRAND PARK 3 in Bahagian Miri, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 126.

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 550K, with most transactions falling within a stable range of RM 450K to RM 650K, and a typical market range of RM 450K to RM 695K.

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

For price per square foot, the median is RM 126, with most transactions between RM 115 and RM 137. The usual range is RM 91.50 to RM 160.50, showing that most units are priced quite close to each other. With an IQR of RM 69.00 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

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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GRAND PARK 3, Bahagian Miri, Sarawak

OSM

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Transactions

3 properties grouped by size

3,600 sqft 1 units Double Storey Semi-D
RM 450,000 PSF: RM 126
Road Price PSF Size Date
JALAN GRAND PARK 3A
RM 450,000
RM 126.00
3,576 sqft
Apr 2022
4,100 sqft 1 units Double Storey Semi-D
RM 1,030,000 PSF: RM 253
Road Price PSF Size Date
JALAN TANG LIM UTAMA
RM 1,030,000
RM 253.00
4,076 sqft
Aug 2023
4,750 sqft 1 units Double Storey Semi-D
RM 550,000 PSF: RM 115
Road Price PSF Size Date
JALAN GRAND PARK 3A
RM 550,000
RM 115.00
4,765 sqft
Dec 2023