KIN LINK VILLA, SUNGAI RAIT

KIN LINK VILLA, SUNGAI RAIT in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 186.

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 340K, with most transactions falling within a stable range of RM 301K to RM 375K, and a typical market range of RM 305K to RM 375K.

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

The median PSF stands at RM 186, with core pricing between RM 154 and RM 217. Market pricing typically extends from RM 164.00 to RM 207.00, reflecting moderate variation in unit pricing. The spread of RM 43.00 (IQR) and deviation of RM 31 (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.