SERENE SANCTUARY

SERENE SANCTUARY in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 688K and a median price per square foot (PSF) of RM 177.

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 688K, with most transactions falling within a stable range of RM 594K to RM 781K, and a typical market range of RM 638K to RM 737K.

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

Price per square foot shows a median of RM 177, though individual units vary from RM 138 to RM 216 in the core range. The broader market spans RM 122.50 to RM 231.50, indicating diverse property characteristics. The spread of RM 109.00 (IQR) and deviation of RM 39 (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.