Area Intelligence

OCEAN PARK

2 properties
Detached
Median Price
RM 555,000
PSF: RM 80

Residential Market

Median Price

RM 555,000

IQR: RM 44
MAD: RM 20
RM 80 PSF 10.2%

PSF Trends (2021-2025)

OCEAN PARK in Bahagian Miri, Sarawak recorded 2 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 555K and a median price per square foot (PSF) of RM 80.

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 555K, with most transactions falling within a stable range of RM 450K to RM 660K, and a typical market range of RM 478K to RM 633K.

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

Price per square foot shows a median of RM 80, though individual units vary from RM 52 to RM 108 in the core range. The broader market spans RM 55.25 to RM 104.75, indicating diverse property characteristics. A wider spread (IQR: RM 49.50) and deviation (MAD: RM 28) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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OCEAN PARK, Bahagian Miri, Sarawak

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Transactions

2 properties grouped by size

6,100 sqft 1 units Detached
RM 660,000 PSF: RM 108
Road Price PSF Size Date
JALAN LAUTAN 2B
RM 660,000
RM 108.00
6,104 sqft
Aug 2022
8,650 sqft 1 units Detached
RM 450,000 PSF: RM 52
Road Price PSF Size Date
JALAN LAUTAN 2A
RM 450,000
RM 52.00
8,639 sqft
Dec 2021