Area Intelligence

SHANG GARDEN

3 properties
Double Storey Terraced
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Median Price
RM 500,000
PSF: RM 275

Residential Market

Median Price

RM 500,000

IQR: RM 46
MAD: RM 21
RM 275 PSF 4.3%

PSF Trends (2021-2025)

SHANG GARDEN in Bahagian Miri, Sarawak recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 275.

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 500K, with most transactions falling within a stable range of RM 496K to RM 595K, and a typical market range of RM 496K to RM 590K.

Within the Double 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 275, with most transactions between RM 250 and RM 300. The usual range is RM 252.00 to RM 298.00, 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 25 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 2 units Double Storey Terraced
RM 496,000 - 500,000 PSF: RM 276
Road Price PSF Size Date
JALAN ACACIA 3A
RM 496,000
RM 275.00
1,805 sqft
Oct 2023
JALAN ACACIA
RM 500,000
RM 277.00
1,805 sqft
Dec 2022
3,150 sqft 1 units Double Storey Terraced
RM 700,000 PSF: RM 223
Road Price PSF Size Date
JALAN ACACIA 3A/1
RM 700,000
RM 223.00
3,137 sqft
May 2024