DESA INDAH 2

DESA INDAH 2 in Bahagian Miri, Sarawak recorded 14 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 173.

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 290K, with most transactions falling within a stable range of RM 260K to RM 355K, and a typical market range of RM 262K to RM 319K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 173, with core pricing between RM 142 and RM 204. Market pricing typically extends from RM 153.50 to RM 192.50, reflecting moderate variation in unit pricing. The spread of RM 39.00 (IQR) and deviation of RM 31 (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.