PARENT LOT 2879 SEBERANG SPRING RIAM

PARENT LOT 2879 SEBERANG SPRING RIAM in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 488K and a median price per square foot (PSF) of RM 184.

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 488K, with most transactions falling within a stable range of RM 430K to RM 545K, and a typical market range of RM 459K to RM 516K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 184, with core pricing between RM 157 and RM 210. Market pricing typically extends from RM 169.00 to RM 198.00, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.