TAMAN JELITA SHOPHOUSE

TAMAN JELITA SHOPHOUSE in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 955K and a median price per square foot (PSF) of RM 689.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 955K, with most transactions falling within a stable range of RM 710K to RM 1.20 million, and a typical market range of RM 833K to RM 1.08 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 689, with core pricing between RM 585 and RM 793. Market pricing typically extends from RM 637.00 to RM 741.00, reflecting moderate variation in unit pricing. The spread of RM 104.00 (IQR) and deviation of RM 104 (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.