DESA SENADIN PHASE 1

DESA SENADIN PHASE 1 in Bahagian Miri, Sarawak recorded 8 subsale transactions in 2024, with a median price of RM 278K and a median price per square foot (PSF) of RM 179.

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 278K, with most transactions falling within a stable range of RM 250K to RM 306K, and a typical market range of RM 262K to RM 294K.

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

The median PSF stands at RM 179, with core pricing between RM 147 and RM 210. Market pricing typically extends from RM 164.88 to RM 192.13, reflecting moderate variation in unit pricing. The spread of RM 27.25 (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.