BANDAR JAYA

BANDAR JAYA in Bahagian Bintulu, Sarawak recorded 5 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 219.

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 500K, with most transactions falling within a stable range of RM 350K to RM 695K, and a typical market range of RM 364K to RM 636K.

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

The median PSF stands at RM 219, with core pricing between RM 185 and RM 253. Market pricing typically extends from RM 183.00 to RM 255.00, reflecting moderate variation in unit pricing. The spread of RM 72.00 (IQR) and deviation of RM 34 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.