RIVER VIEW PARK

RIVER VIEW PARK in Bahagian Miri, Sarawak recorded 6 subsale transactions in 2023, with a median price of RM 443K and a median price per square foot (PSF) of RM 132.

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 443K, with most transactions falling within a stable range of RM 381K to RM 504K, and a typical market range of RM 399K to RM 486K.

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

The median PSF stands at RM 132, with core pricing between RM 114 and RM 150. Market pricing typically extends from RM 117.50 to RM 146.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 18, 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.