KROKOP

KROKOP in Bahagian Miri, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 132.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 132, with most transactions between RM 132 and RM 132. The usual range is RM 96.25 to RM 167.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 0, 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.