TAMAN LOPENG JAYA

TAMAN LOPENG JAYA in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 670K and a median price per square foot (PSF) of RM 147.

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 670K, with most transactions falling within a stable range of RM 620K to RM 719K, and a typical market range of RM 637K to RM 702K.

Most transactions involved 3 - 3 1/2 storey shop4 - 4 1/2, with high diversity across multiple property types.

Price per square foot shows a median of RM 147, though individual units vary from RM 116 to RM 178 in the core range. The broader market spans RM 115.13 to RM 178.88, indicating diverse property characteristics. The spread of RM 63.75 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.

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.