Area Intelligence

DESA SENADIN 1

3 properties
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Median Price
RM 2,500,000
PSF: RM 101

Commercial Market

Median Price

RM 580,000

RM 101 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA SENADIN 1 in Bahagian Miri, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.50 million and a median price per square foot (PSF) of RM 101.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.50 million, with most transactions falling within a stable range of RM 580K to RM 4.42 million, and a typical market range of RM 940K to RM 4.06 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 101, though individual units vary from RM 72 to RM 130 in the core range. The broader market spans RM 73.50 to RM 128.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA SENADIN 1, Bahagian Miri, Sarawak

OSM

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Transactions

3 properties grouped by size

5,750 sqft
1 units Semi-D Factory
RM 580,000
JALAN SENADIN
5,725 sqft · RM 101.00 PSF
Sep 2023
34,550 sqft
1 units Detached Factory
RM 2,500,000
LORONG DESA SENADIN 6A
34,574 sqft · RM 72.00 PSF
Sep 2024
37,450 sqft
1 units Detached Factory
RM 6,820,000
JALAN DESA SENADIN 1
37,469 sqft · RM 182.00 PSF
May 2024