SRI JAYA PARK

SRI JAYA PARK in Bahagian Sri Aman, Sarawak recorded 9 subsale transactions in 2023, with a median price of RM 80K and a median price per square foot (PSF) of RM 88.

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 80K, with most transactions falling within a stable range of RM 52K to RM 178K, and a typical market range of RM 52K to RM 129K.

Most transactions involved flats, with high diversity across multiple property types.

The median PSF stands at RM 88, with core pricing between RM 74 and RM 102. Market pricing typically extends from RM 78.13 to RM 97.88, reflecting moderate variation in unit pricing. The spread of RM 19.75 (IQR) and deviation of RM 14 (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.