JALAN RIAM

JALAN RIAM in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 700K and a median price per square foot (PSF) of RM 108.

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 700K, with most transactions falling within a stable range of RM 548K to RM 720K, and a typical market range of RM 544K to RM 720K.

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

The median PSF stands at RM 108, with core pricing between RM 88 and RM 128. Market pricing typically extends from RM 85.50 to RM 130.50, reflecting moderate variation in unit pricing. The spread of RM 45.00 (IQR) and deviation of RM 20 (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.