RPR BATU 6 (TAMAN PALMA)

RPR BATU 6 (TAMAN PALMA) in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 303K and a median price per square foot (PSF) of RM 246.

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 303K, with most transactions falling within a stable range of RM 290K to RM 464K, and a typical market range of RM 290K to RM 345K.

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

The median PSF stands at RM 246, with core pricing between RM 211 and RM 281. Market pricing typically extends from RM 206.13 to RM 285.88, reflecting moderate variation in unit pricing. With an IQR of RM 79.75 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

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.