PROMIN JAYA

PROMIN JAYA in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 113.

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 490K, with most transactions falling within a stable range of RM 467K to RM 500K, and a typical market range of RM 438K to RM 500K.

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

The median PSF stands at RM 113, with core pricing between RM 94 and RM 132. Market pricing typically extends from RM 87.75 to RM 138.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 19 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.