SERENE HEIGHT

SERENE HEIGHT in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 342K and a median price per square foot (PSF) of RM 655.

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 342K, with most transactions falling within a stable range of RM 285K to RM 388K, and a typical market range of RM 275K to RM 388K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 655, with most transactions between RM 611 and RM 699. The usual range is RM 588.25 to RM 721.75, showing that most units are priced quite close to each other. With an IQR of RM 133.50 and MAD of RM 44, 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.