LITE VIEW RESIDENCE

LITE VIEW RESIDENCE in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 488K and a median price per square foot (PSF) of RM 267.

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 488K, with most transactions falling within a stable range of RM 468K to RM 495K, and a typical market range of RM 459K to RM 495K.

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

For price per square foot, the median is RM 267, with most transactions between RM 256 and RM 278. The usual range is RM 244.88 to RM 289.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.25 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.