SOUTHLAKE

SOUTHLAKE in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2025, with a median price of RM 554K and a median price per square foot (PSF) of RM 147.

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 554K, with most transactions falling within a stable range of RM 479K to RM 629K, and a typical market range of RM 460K to RM 630K.

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

The median PSF stands at RM 147, with core pricing between RM 120 and RM 174. Market pricing typically extends from RM 121.88 to RM 172.13, reflecting moderate variation in unit pricing. The spread of RM 50.25 (IQR) and deviation of RM 27 (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. Limited transaction history suggests carefully evaluating comparable sales data.