NEX RESIDEN

NEX RESIDEN in Bahagian Samarahan, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 890K and a median price per square foot (PSF) of RM 160.

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 890K, with most transactions falling within a stable range of RM 855K to RM 925K, and a typical market range of RM 855K to RM 925K.

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

For price per square foot, the median is RM 160, with most transactions between RM 153 and RM 166. The usual range is RM 114.75 to RM 204.25, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 7, 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.