Area Intelligence

SHANG GARDEN

3 properties
Single Storey Terraced
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Median Price
RM 400,000
PSF: RM 222

Residential Market

Median Price

RM 400,000

IQR: RM 46
MAD: RM 21
RM 222 PSF 4.3%

PSF Trends (2021-2025)

SHANG GARDEN in Bahagian Miri, Sarawak recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 400K and a median price per square foot (PSF) of RM 222.

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 400K, with most transactions falling within a stable range of RM 371K to RM 429K, and a typical market range of RM 370K to RM 440K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 222, with most transactions between RM 206 and RM 238. The usual range is RM 199.00 to RM 245.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SHANG GARDEN, Bahagian Miri, Sarawak

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Transactions

3 properties grouped by size

1,800 sqft 3 units Single Storey Terraced
RM 370,000 - 440,000 PSF: RM 224
Road Price PSF Size Date
JALAN ACACIA 2A
RM 440,000
RM 244.00
1,805 sqft
Aug 2024
JALAN ACACIA 2A
RM 400,000
RM 222.00
1,805 sqft
May 2024
JALAN ACACIA 2A
RM 370,000
RM 205.00
1,805 sqft
Jun 2022