GOLDEN ROYAL VILLA

GOLDEN ROYAL VILLA in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 132.

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 320K, with most transactions falling within a stable range of RM 258K to RM 404K, and a typical market range of RM 285K to RM 355K.

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

The median PSF stands at RM 132, with core pricing between RM 113 and RM 151. Market pricing typically extends from RM 109.50 to RM 154.50, reflecting moderate variation in unit pricing. With an IQR of RM 45.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.