NIAH GARDEN

NIAH GARDEN in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 370K and a median price per square foot (PSF) of RM 95.

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 370K, with most transactions falling within a stable range of RM 289K to RM 450K, and a typical market range of RM 310K to RM 430K.

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

Price per square foot shows a median of RM 95, though individual units vary from RM 59 to RM 130 in the core range. The broader market spans RM 67.50 to RM 121.50, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 36) indicate significant PSF variations, likely due to diverse property types or conditions.

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.