SOUTHLAKE

SOUTHLAKE in Bahagian Miri, Sarawak recorded 51 subsale transactions between 2021 and 2025, with a median price of RM 429K and a median price per square foot (PSF) of RM 162.

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 429K, with most transactions falling within a stable range of RM 345K to RM 513K, and a typical market range of RM 335K to RM 523K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 162, with core pricing between RM 136 and RM 188. Market pricing typically extends from RM 137.50 to RM 186.50, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.