RICE FIELD @ 19TH MILE

RICE FIELD @ 19TH MILE in Bahagian Serian, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 419K and a median price per square foot (PSF) of RM 146.

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 419K, with most transactions falling within a stable range of RM 360K to RM 478K, and a typical market range of RM 363K to RM 476K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 146, with core pricing between RM 117 and RM 174. Market pricing typically extends from RM 123.88 to RM 167.13, reflecting moderate variation in unit pricing. The spread of RM 43.25 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.