KAWASAN KROKOP/JEE FOH

KAWASAN KROKOP/JEE FOH in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 805.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 565K, with most transactions falling within a stable range of RM 180K to RM 950K, and a typical market range of RM 440K to RM 690K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 805, with most transactions between RM 782 and RM 828. The usual range is RM 736.25 to RM 873.75, showing that most units are priced quite close to each other. With an IQR of RM 137.50 and MAD of RM 23, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.