OCEAN PARK
Residential Market
Median Price
RM 330,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
8 properties
Median Price
RM 305,000
+3.9% CAGR
Median PSF
RM 170.00
+4.1% CAGR
Double Storey Terraced
4 properties
Median Price
RM 440,000
+10.7% CAGR
Median PSF
RM 180.50
+2.7% CAGR
Detached
2 properties
Median Price
RM 555,000
+46.7% CAGR
Median PSF
RM 80.00
+107.7% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 400,000
Median PSF
RM 115.00
Double Storey Semi-D
1 properties
Median Price
RM 500,000
Median PSF
RM 144.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 8 |
RM 305,000
±10K MAD
|
+3.93% |
RM 170.00
±10 MAD
|
+4.06% | |
| Double Storey Terraced | 4 |
RM 440,000
±63K MAD
|
+10.66% |
RM 180.50
±9 MAD
|
+2.68% | |
| Detached | 2 |
RM 555,000
±105K MAD
|
+46.67% |
RM 80.00
±28 MAD
|
+107.69% | |
| Single Storey Semi-D | 1 |
RM 400,000
|
- |
RM 115.00
|
- | |
| Double Storey Semi-D | 1 |
RM 500,000
|
- |
RM 144.00
|
- |
OCEAN PARK in Bahagian Miri, Sarawak recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 353K and a median price per square foot (PSF) of RM 174.
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 353K, with most transactions falling within a stable range of RM 298K to RM 408K, and a typical market range of RM 275K to RM 430K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 174, with core pricing between RM 150 and RM 198. Market pricing typically extends from RM 148.75 to RM 198.25, reflecting moderate variation in unit pricing. With an IQR of RM 49.50 and MAD of RM 24, 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.
Filter by type, year, price, and size
Transactions
16 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN LAUTAN 6A
|
RM 310,000
|
RM 194.00
|
1,595 sqft
|
Jul 2024
|
|
|
JALAN LAUTAN 6A
|
RM 300,000
|
RM 188.00
|
1,595 sqft
|
Mar 2024
|
|
|
JALAN LAUTAN 7C
|
RM 320,000
|
RM 198.00
|
1,615 sqft
|
Dec 2023
|
|
|
JALAN LAUTAN 7A
|
RM 295,000
|
RM 183.00
|
1,615 sqft
|
Aug 2022
|
|
JALAN LAUTAN 7
|
RM 233,000
|
RM 139.00
|
1,673 sqft
|
Apr 2023
|
|
JALAN LAUTAN 3A
|
RM 315,000
|
RM 170.00
|
1,857 sqft
|
Jan 2025
|
|
|
JLN LAUTAN 5
|
RM 330,000
|
RM 177.00
|
1,868 sqft
|
Mar 2022
|
|
|
JALAN LAUTAN 3
|
RM 270,000
|
RM 145.00
|
1,868 sqft
|
Dec 2021
|
|
JALAN LAUTAN 4B
|
RM 375,000
|
RM 179.00
|
2,091 sqft
|
Aug 2023
|
|
|
JALAN LAUTAN 4B
|
RM 380,000
|
RM 182.00
|
2,091 sqft
|
Dec 2021
|
|
JALAN LAUTAN 2B JALAN CORDIA 2
|
RM 515,000
|
RM 197.00
|
2,618 sqft
|
Oct 2024
|
|
JALAN LAUTAN 4
|
RM 400,000
|
RM 115.00
|
3,484 sqft
|
Sep 2023
|
Single Storey Semi-D |
|
JALAN LAUTAN
|
RM 500,000
|
RM 144.00
|
3,484 sqft
|
Jan 2023
|
Double Storey Semi-D |
|
JALAN LAUTAN
|
RM 500,000
|
RM 122.00
|
4,106 sqft
|
Dec 2022
|
|
JALAN LAUTAN 2B
|
RM 660,000
|
RM 108.00
|
6,104 sqft
|
Aug 2022
|
|
JALAN LAUTAN 2A
|
RM 450,000
|
RM 52.00
|
8,639 sqft
|
Dec 2021
|