REGENT PARK

REGENT PARK in Bahagian Miri, Sarawak recorded 11 subsale transactions in 2023, with a median price of RM 339K and a median price per square foot (PSF) of RM 233.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 233, with core pricing between RM 198 and RM 268. Market pricing typically extends from RM 220.50 to RM 245.50, reflecting moderate variation in unit pricing. The spread of RM 25.00 (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.