VISTA PERDANA PHASE 2

VISTA PERDANA PHASE 2 in Bahagian Miri, Sarawak recorded 8 subsale transactions in 2021, with a median price of RM 273K and a median price per square foot (PSF) of RM 137.

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 273K, with most transactions falling within a stable range of RM 240K to RM 335K, and a typical market range of RM 240K to RM 331K.

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

The median PSF stands at RM 137, with core pricing between RM 120 and RM 153. Market pricing typically extends from RM 117.13 to RM 155.88, reflecting moderate variation in unit pricing. With an IQR of RM 38.75 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.