PUJUT 2

PUJUT 2 in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 121.

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 490K, with most transactions falling within a stable range of RM 455K to RM 629K, and a typical market range of RM 455K to RM 606K.

Most transactions involved detached, with moderate diversity in property types available.

For price per square foot, the median is RM 121, with most transactions between RM 112 and RM 130. The usual range is RM 106.75 to RM 135.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.