FABULOUS AVENUE

FABULOUS AVENUE in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 462K and a median price per square foot (PSF) of RM 133.

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 462K, with most transactions falling within a stable range of RM 454K to RM 468K, and a typical market range of RM 450K to RM 468K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 133, with core pricing between RM 118 and RM 148. Market pricing typically extends from RM 126.63 to RM 139.38, reflecting moderate variation in unit pricing. With an IQR of RM 12.75 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.