TAMAN PERMAI

TAMAN PERMAI in Bahagian Miri, Sarawak recorded 27 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 163.

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 280K, with most transactions falling within a stable range of RM 151K to RM 409K, and a typical market range of RM 253K to RM 307K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 163, though individual units vary from RM 121 to RM 205 in the core range. The broader market spans RM 138.63 to RM 187.38, indicating diverse property characteristics. A wider spread (IQR: RM 48.75) and deviation (MAD: RM 42) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.