PARENT LOT 314,316,318,319 & 2902

PARENT LOT 314,316,318,319 & 2902 in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 213.

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 450K, with most transactions falling within a stable range of RM 439K to RM 551K, and a typical market range of RM 439K to RM 535K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 213, with core pricing between RM 189 and RM 237. Market pricing typically extends from RM 185.50 to RM 240.50, reflecting moderate variation in unit pricing. With an IQR of RM 55.00 and MAD of RM 24, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.