TAMAN PELITA

TAMAN PELITA in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 544K and a median price per square foot (PSF) of RM 154.

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 500K to RM 588K, and a typical market range of RM 521K to RM 567K.

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

For price per square foot, the median is RM 154, with most transactions between RM 141 and RM 166. The usual range is RM 146.38 to RM 160.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.25 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.