Area Intelligence

OCEAN PARK

16 properties
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Median Price
RM 352,500
PSF: RM 174

Residential Market

Median Price

RM 330,000

IQR: RM 44
MAD: RM 20
RM 177 PSF 10.2%

PSF Trends (2021-2025)

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.

Area Location

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OCEAN PARK, Bahagian Miri, Sarawak

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Transactions

16 properties found

Single Storey Terraced JALAN LAUTAN 3A
RM 315,000
1,857 sqft Jan 2025
RM 170.00 PSF
Double Storey Terraced JALAN LAUTAN 2B JALAN CORDIA 2
RM 515,000
2,618 sqft Oct 2024
RM 197.00 PSF
Single Storey Terraced JALAN LAUTAN 6A
RM 310,000
1,595 sqft Jul 2024
RM 194.00 PSF
Single Storey Terraced JALAN LAUTAN 6A
RM 300,000
1,595 sqft Mar 2024
RM 188.00 PSF
Single Storey Terraced JALAN LAUTAN 7C
RM 320,000
1,615 sqft Dec 2023
RM 198.00 PSF
Single Storey Semi-D JALAN LAUTAN 4
RM 400,000
3,484 sqft Sep 2023
RM 115.00 PSF
Double Storey Terraced JALAN LAUTAN 4B
RM 375,000
2,091 sqft Aug 2023
RM 179.00 PSF
Single Storey Terraced JALAN LAUTAN 7
RM 233,000
1,673 sqft Apr 2023
RM 139.00 PSF
Double Storey Semi-D JALAN LAUTAN
RM 500,000
3,484 sqft Jan 2023
RM 144.00 PSF
Double Storey Terraced JALAN LAUTAN
RM 500,000
4,106 sqft Dec 2022
RM 122.00 PSF
Single Storey Terraced JALAN LAUTAN 7A
RM 295,000
1,615 sqft Aug 2022
RM 183.00 PSF
Detached JALAN LAUTAN 2B
RM 660,000
6,104 sqft Aug 2022
RM 108.00 PSF
Single Storey Terraced JLN LAUTAN 5
RM 330,000
1,868 sqft Mar 2022
RM 177.00 PSF
Single Storey Terraced JALAN LAUTAN 3
RM 270,000
1,868 sqft Dec 2021
RM 145.00 PSF
Double Storey Terraced JALAN LAUTAN 4B
RM 380,000
2,091 sqft Dec 2021
RM 182.00 PSF
Detached JALAN LAUTAN 2A
RM 450,000
8,639 sqft Dec 2021
RM 52.00 PSF