RPR SUNGAI RAIT

RPR SUNGAI RAIT in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 143K and a median price per square foot (PSF) of RM 120.

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 143K, with most transactions falling within a stable range of RM 135K to RM 150K, and a typical market range of RM 139K to RM 146K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM 120, with most transactions between RM 113 and RM 126. The usual range is RM 116.38 to RM 122.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.25 and an average deviation (MAD) of RM 7 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.