Area Intelligence

LITE AVENUE

3 properties
2024
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Median Price
RM 630,000
PSF: RM 350

Residential Market

Median Price

RM 630,000

IQR: RM 91
MAD: RM 44
RM 350 PSF 10.5%

PSF Trends (2021-2025)

LITE AVENUE in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2024, with a median price of RM 630K and a median price per square foot (PSF) of RM 350.

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 630K, with most transactions falling within a stable range of RM 554K to RM 650K, and a typical market range of RM 570K to RM 650K.

Most transactions involved town house, with minimal variety in property types.

The median PSF stands at RM 350, with core pricing between RM 302 and RM 398. Market pricing typically extends from RM 304.50 to RM 395.50, reflecting moderate variation in unit pricing. With an IQR of RM 91.00 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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LITE AVENUE, Bahagian Miri, Sarawak

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Transactions

3 properties grouped by size

1,800 sqft 2 units Town House
RM 630,000 - 650,000 PSF: RM 355
Price PSF Size Date
RM 630,000
RM 350.00
1,798 sqft
Aug 2024
RM 650,000
RM 359.00
1,808 sqft
May 2024
1,900 sqft 1 units Town House
RM 480,000 PSF: RM 252
Price PSF Size Date
RM 480,000
RM 252.00
1,903 sqft
Apr 2024