Residential Market
Median Price
RM 399,000
PSF Trends (2021-2025)
TAMAN BUMIKO in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 399K and a median price per square foot (PSF) of RM 189.
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 399K, with most transactions falling within a stable range of RM 398K to RM 400K, and a typical market range of RM 398K to RM 400K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 189, though individual units vary from RM 125 to RM 252 in the core range. The broader market spans RM 148.38 to RM 228.63, indicating diverse property characteristics. A wider spread (IQR: RM 80.25) and deviation (MAD: RM 64) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
JALAN BUNGA RAYA 1C
|
RM 398,000
|
RM 252.00
|
1,578 sqft
|
Dec 2021
|
Double Storey Terraced |
JALAN BUNGA RAYA 2
|
RM 400,000
|
RM 125.00
|
3,199 sqft
|
Dec 2021
|