Area Intelligence

NIAH GOODWILL GARDEN

2 properties
2021
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Median Price
RM 675,000
PSF: RM 404

Residential Market

Median Price

RM 150,000

IQR: RM 10
RM 77 PSF 14.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 675,000

IQR: RM 6
MAD: RM 6
RM 404 PSF

PSF Trends (2021-2025)

NIAH GOODWILL GARDEN in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 675K and a median price per square foot (PSF) of RM 404.

This area contains both residential and commercial properties. View 3 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 675K, with most transactions falling within a stable range of RM 600K to RM 750K, and a typical market range of RM 600K to RM 750K.

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 404, with most transactions between RM 398 and RM 410. The usual range is RM 243.50 to RM 564.50, showing that most units are priced quite close to each other. With an IQR of RM 321.00 and MAD of RM 6, 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.

Area Location

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NIAH GOODWILL GARDEN, Bahagian Miri, Sarawak

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Transactions

2 properties grouped by size

1,500 sqft 1 units Double Storey Shop
RM 600,000 PSF: RM 398
Road Price PSF Size Date
NIAH-BATU NIAH FEEDER ROAD
RM 600,000
RM 398.00
1,507 sqft
Nov 2021
1,850 sqft 1 units Double Storey Shop
RM 750,000 PSF: RM 410
Road Price PSF Size Date
NIAH-BATU NIAH FEEDER ROAD
RM 750,000
RM 410.00
1,830 sqft
Nov 2021