SUMMERVILLE

SUMMERVILLE in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 544K and a median price per square foot (PSF) of RM 143.

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 544K, with most transactions falling within a stable range of RM 425K to RM 663K, and a typical market range of RM 477K to RM 611K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 143, though individual units vary from RM 107 to RM 179 in the core range. The broader market spans RM 127.00 to RM 159.00, indicating diverse property characteristics. A wider spread (IQR: RM 32.00) and deviation (MAD: RM 36) indicate significant PSF variations, likely due to diverse property types or conditions.

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.