Area Intelligence

MING SENG ESTATE 1

4 properties
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Median Price
RM 420,000
PSF: RM 96

Residential Market

Median Price

RM 420,000

IQR: RM 22
MAD: RM 2
RM 96 PSF 31.3%

PSF Trends (2021-2025)

MING SENG ESTATE 1 in Bahagian Miri, Sarawak recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 420K and a median price per square foot (PSF) of RM 96.

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 420K, with most transactions falling within a stable range of RM 370K to RM 470K, and a typical market range of RM 376K to RM 464K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 96, with most transactions between RM 95 and RM 98. The usual range is RM 85.25 to RM 106.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.50 and an average deviation (MAD) of RM 2 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. 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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MING SENG ESTATE 1, Bahagian Miri, Sarawak

OSM

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Transactions

4 properties grouped by size

1,950 sqft 1 units Single Storey Terraced
RM 350,000 PSF: RM 179
Road Price PSF Size Date
JALAN PINANG 2B/1
RM 350,000
RM 179.00
1,958 sqft
Oct 2022
4,050 sqft 1 units Single Storey Terraced
RM 390,000 PSF: RM 96
Road Price PSF Size Date
JALAN PINANG 2B/1
RM 390,000
RM 96.00
4,050 sqft
Oct 2022
4,650 sqft 1 units Single Storey Terraced
RM 450,000 PSF: RM 96
Road Price PSF Size Date
JALAN PINANG 2A
RM 450,000
RM 96.00
4,673 sqft
May 2023
5,600 sqft 1 units Detached
RM 520,000 PSF: RM 93
Road Price PSF Size Date
JALAN PINANG OFF JALAN RIAM
RM 520,000
RM 93.00
5,595 sqft
Dec 2023