GEM PARK

GEM PARK in Bahagian Bintulu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 570K and a median price per square foot (PSF) of RM 293.

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 570K, with most transactions falling within a stable range of RM 540K to RM 600K, and a typical market range of RM 540K to RM 600K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 293, with most transactions between RM 277 and RM 308. The usual range is RM 259.25 to RM 325.75, showing that most units are priced quite close to each other. With an IQR of RM 66.50 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.