RICE FIELD @ 19TH MILE

RICE FIELD @ 19TH MILE in Bahagian Kuching, Sarawak recorded 12 subsale transactions in 2022, with a median price of RM 468K and a median price per square foot (PSF) of RM 114.

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 468K, with most transactions falling within a stable range of RM 350K to RM 478K, and a typical market range of RM 396K to RM 478K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 114, though individual units vary from RM 90 to RM 137 in the core range. The broader market spans RM 93.25 to RM 133.75, indicating diverse property characteristics. The spread of RM 40.50 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.