DESA ILMU

DESA ILMU in Bahagian Samarahan, Sarawak recorded 5 subsale transactions in 2022, with a median price of RM 112K and a median price per square foot (PSF) of RM 168.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 112K, with most transactions falling within a stable range of RM 105K to RM 408K, and a typical market range of RM 108K to RM 116K.

Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 168, though individual units vary from RM 0 to RM 385 in the core range. The broader market spans RM 164.50 to RM 171.50, indicating diverse property characteristics. A wider spread (IQR: RM 7.00) and deviation (MAD: RM 217) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.