LITE VIEW PHASE 4

LITE VIEW PHASE 4 in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 309K and a median price per square foot (PSF) of RM 397.

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 309K, with most transactions falling within a stable range of RM 300K to RM 318K, and a typical market range of RM 300K to RM 318K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 397, with most transactions between RM 378 and RM 415. The usual range is RM 336.50 to RM 456.50, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 19, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.