DESA SENADIN INDUSTRIAL (PHASE 9)

DESA SENADIN INDUSTRIAL (PHASE 9) in Bahagian Miri, Sarawak recorded 10 subsale transactions in 2024, with a median price of RM 794K and a median price per square foot (PSF) of RM 115.

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 794K, with most transactions falling within a stable range of RM 665K to RM 923K, and a typical market range of RM 682K to RM 906K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 115, though individual units vary from RM 90 to RM 139 in the core range. The broader market spans RM 97.88 to RM 131.13, indicating diverse property characteristics. The spread of RM 33.25 (IQR) and deviation of RM 25 (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.