PERMY TECHNOLOGY PARK

PERMY TECHNOLOGY PARK in Bahagian Miri, Sarawak recorded 6 subsale transactions in 2024, with a median price of RM 798K and a median price per square foot (PSF) of RM 156.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 798K, with most transactions falling within a stable range of RM 745K to RM 974K, and a typical market range of RM 766K to RM 829K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 156, though individual units vary from RM 121 to RM 190 in the core range. The broader market spans RM 148.13 to RM 162.88, indicating diverse property characteristics. The spread of RM 14.75 (IQR) and deviation of RM 35 (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. 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.