Area Intelligence

SERENE SHANGRILA

4 properties
Double Storey Terraced
Median Price
RM 557,000
PSF: RM 285

Residential Market

Median Price

RM 557,000

IQR: RM 57
MAD: RM 16
RM 285 PSF 12.1%

PSF Trends (2021-2025)

SERENE SHANGRILA in Bahagian Miri, Sarawak recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 557K and a median price per square foot (PSF) of RM 285.

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 557K, with most transactions falling within a stable range of RM 508K to RM 580K, and a typical market range of RM 542K to RM 573K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 285, with most transactions between RM 259 and RM 310. The usual range is RM 256.00 to RM 313.00, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 25, 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.

Area Location

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SERENE SHANGRILA, Bahagian Miri, Sarawak

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Transactions

4 properties grouped by size

1,950 sqft 4 units Double Storey Terraced
RM 454,000 - 580,000 PSF: RM 274
Road Price PSF Size Date
JLN CRINUM OFF JLN SHANGRILA
RM 580,000
RM 296.00
1,958 sqft
Jul 2024
JLN CRINUM OFF JLN SHANGRILA
RM 565,000
RM 289.00
1,958 sqft
Jun 2024
JLN CRINUM OFF JLN SHANGRILA
RM 454,000
RM 232.00
1,958 sqft
Sep 2023
JALAN CIRINUM
RM 549,000
RM 280.00
1,958 sqft
Feb 2021