SPRING GARDEN 1 (PARENT LOT 3926 BLOK 1

SPRING GARDEN 1 (PARENT LOT 3926 BLOK 1 in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 667K and a median price per square foot (PSF) of RM 198.

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 667K, with most transactions falling within a stable range of RM 495K to RM 838K, and a typical market range of RM 581K to RM 752K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 198, with core pricing between RM 161 and RM 235. Market pricing typically extends from RM 171.00 to RM 225.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.