DESA SENADIN PHASE 5

DESA SENADIN PHASE 5 in Bahagian Miri, Sarawak recorded 15 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 172.

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 270K, with most transactions falling within a stable range of RM 260K to RM 321K, and a typical market range of RM 260K to RM 305K.

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

The median PSF stands at RM 172, with core pricing between RM 142 and RM 202. Market pricing typically extends from RM 153.13 to RM 190.88, reflecting moderate variation in unit pricing. The spread of RM 37.75 (IQR) and deviation of RM 30 (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.