LITE AVENUE

LITE AVENUE in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 568K and a median price per square foot (PSF) of RM 287.

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 568K, with most transactions falling within a stable range of RM 519K to RM 616K, and a typical market range of RM 508K to RM 620K.

Most transactions involved town house, with minimal variety in property types.

For price per square foot, the median is RM 287, with most transactions between RM 261 and RM 312. The usual range is RM 241.00 to RM 332.00, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 26, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.