OCEAN PARK

OCEAN PARK in Bahagian Miri, Sarawak recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 440K and a median price per square foot (PSF) of RM 181.

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 440K, with most transactions falling within a stable range of RM 375K to RM 505K, and a typical market range of RM 375K to RM 515K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 181, with core pricing between RM 152 and RM 209. Market pricing typically extends from RM 155.75 to RM 205.25, reflecting moderate variation in unit pricing. The spread of RM 49.50 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.