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Market Snapshot
ResidentialRM 1,000,000
RM 190 psfMedian transaction price
289, Jalan Piasau Utara 1, Piasau, 98000 Miri, Sarawak, Malaysia
MapsTaman Desa Seri in Bahagian Miri, Sarawak recorded 0 subsale transactions in 2021, with a median price of RM 780K and a median price per square foot (PSF) of RM 165.
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 780K, with most transactions falling within a stable range of RM 560K to RM 1.00 million, and a typical market range of RM 573K to RM 988K.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 165, with core pricing between RM 147 and RM 183. Market pricing typically extends from RM 145.50 to RM 184.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 18, 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.