PERMY TECHNOLOGY PARK

PERMY TECHNOLOGY PARK in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 730K and a median price per square foot (PSF) of RM 142.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 730K, with most transactions falling within a stable range of RM 709K to RM 750K, and a typical market range of RM 700K to RM 750K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 142, with most transactions between RM 138 and RM 146. The usual range is RM 134.63 to RM 149.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.75 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.