Residential Market
Median Price
RM 492,500
PSF Trends (2021-2025)
STRAWBERRY PARK in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 493K and a median price per square foot (PSF) of RM 178.
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 493K, with most transactions falling within a stable range of RM 355K to RM 630K, and a typical market range of RM 356K to RM 629K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 178, with most transactions between RM 176 and RM 180. The usual range is RM 171.00 to RM 185.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 2 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Terraced |
LORONG ARU 10
|
RM 355,000
|
RM 176.00
|
2,019 sqft
|
Jul 2024
|
Double Storey Semi-D |
JALAN SIM KHENG HONG
|
RM 630,000
|
RM 180.00
|
3,497 sqft
|
Mar 2024
|