NEX RESIDEN

NEX RESIDEN in Bahagian Samarahan, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 126.

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 435K, with most transactions falling within a stable range of RM 320K to RM 550K, and a typical market range of RM 320K to RM 550K.

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

Price per square foot shows a median of RM 126, though individual units vary from RM 98 to RM 153 in the core range. The broader market spans RM 80.75 to RM 170.25, indicating diverse property characteristics. The spread of RM 89.50 (IQR) and deviation of RM 28 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.