RIVER VIEW PARK

RIVER VIEW PARK in Bahagian Miri, Sarawak recorded 9 subsale transactions in 2024, with a median price of RM 480K and a median price per square foot (PSF) of RM 128.

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 480K, with most transactions falling within a stable range of RM 394K to RM 566K, and a typical market range of RM 436K to RM 524K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 128, with core pricing between RM 108 and RM 148. Market pricing typically extends from RM 113.50 to RM 142.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

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.