DESA SENADIN PHASE 5

DESA SENADIN PHASE 5 in Bahagian Miri, Sarawak recorded 21 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 174.

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 300K, with most transactions falling within a stable range of RM 275K to RM 339K, and a typical market range of RM 275K to RM 335K.

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

The median PSF stands at RM 174, with core pricing between RM 140 and RM 208. Market pricing typically extends from RM 155.13 to RM 192.88, reflecting moderate variation in unit pricing. The spread of RM 37.75 (IQR) and deviation of RM 34 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.