KAMPUNG LUAK

KAMPUNG LUAK in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 625K and a median price per square foot (PSF) of RM 146.

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 625K, with most transactions falling within a stable range of RM 570K to RM 680K, and a typical market range of RM 570K to RM 680K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 146, though individual units vary from RM 107 to RM 185 in the core range. The broader market spans RM 141.50 to RM 150.50, indicating diverse property characteristics. A wider spread (IQR: RM 9.00) and deviation (MAD: RM 39) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.