Area Intelligence

MING SENG ESTATE 1

3 properties
Single Storey Terraced
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Median Price
RM 390,000
PSF: RM 96

Residential Market

Median Price

RM 390,000

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

PSF Trends (2021-2025)

MING SENG ESTATE 1 in Bahagian Miri, Sarawak recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 390K 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 390K, with most transactions falling within a stable range of RM 350K to RM 431K, and a typical market range of RM 350K to RM 434K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 96, though individual units vary from RM 57 to RM 135 in the core range. The broader market spans RM 85.25 to RM 106.75, indicating diverse property characteristics. A wider spread (IQR: RM 21.50) and deviation (MAD: RM 39) indicate significant PSF variations, likely due to diverse property types or conditions.

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

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Transactions

3 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