LUCKY TOWER

LUCKY TOWER in Bahagian Bintulu, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 460K and a median price per square foot (PSF) of RM 246.

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 460K, with most transactions falling within a stable range of RM 460K to RM 526K, and a typical market range of RM 460K to RM 600K.

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

Price per square foot shows a median of RM 246, though individual units vary from RM 189 to RM 303 in the core range. The broader market spans RM 209.75 to RM 282.25, indicating diverse property characteristics. The spread of RM 72.50 (IQR) and deviation of RM 57 (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.