BANDAR JAYA

BANDAR JAYA in Bahagian Bintulu, Sarawak recorded 6 subsale transactions in 2023, with a median price of RM 520K and a median price per square foot (PSF) of RM 199.

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 520K, with most transactions falling within a stable range of RM 361K to RM 679K, and a typical market range of RM 384K to RM 656K.

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 199, though individual units vary from RM 143 to RM 255 in the core range. The broader market spans RM 163.00 to RM 235.00, indicating diverse property characteristics. A wider spread (IQR: RM 72.00) and deviation (MAD: RM 56) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.