VISTA PERDANA PHASE 2

VISTA PERDANA PHASE 2 in Bahagian Miri, Sarawak recorded 22 subsale transactions in 2023, with a median price of RM 298K and a median price per square foot (PSF) of RM 129.

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 298K, with most transactions falling within a stable range of RM 210K to RM 385K, and a typical market range of RM 239K to RM 356K.

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 129, though individual units vary from RM 100 to RM 158 in the core range. The broader market spans RM 109.63 to RM 148.38, indicating diverse property characteristics. The spread of RM 38.75 (IQR) and deviation of RM 29 (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. Moderate transaction volume may require patience when buying or selling.