DESA SENADIN PHASE 3

DESA SENADIN PHASE 3 in Bahagian Miri, Sarawak recorded 21 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 180.

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 285K, with most transactions falling within a stable range of RM 230K to RM 362K, and a typical market range of RM 230K to RM 369K.

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

Price per square foot shows a median of RM 180, though individual units vary from RM 140 to RM 220 in the core range. The broader market spans RM 148.00 to RM 212.00, indicating diverse property characteristics. The spread of RM 64.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.