Area Intelligence

RIVER VIEW PARK

9 properties
2024
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Median Price
RM 480,000
PSF: RM 128

Residential Market

Median Price

RM 480,000

IQR: RM 18
MAD: RM 9
RM 128 PSF 8.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RIVER VIEW PARK in Bahagian Miri, Sarawak recorded 9 subsale transactions in 2024, with a median price of RM 480K and a median price per square foot (PSF) of RM 128.

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 480K, with most transactions falling within a stable range of RM 394K to RM 566K, and a typical market range of RM 436K to RM 524K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 128, with core pricing between RM 108 and RM 148. Market pricing typically extends from RM 113.50 to RM 142.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 20 (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.

Area Location

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RIVER VIEW PARK, Bahagian Miri, Sarawak

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Transactions

9 properties grouped by size

3,250 sqft
4 units Single Storey Semi-D
RM 380,000
JALAN RIVERVIEW 1E
3,229 sqft · RM 118.00 PSF
Sep 2024
RM 400,000
JALAN LUTONG KUALA BARAM
3,229 sqft · RM 124.00 PSF
Jul 2024
RM 480,000
JALAN RIVERVIEW 1E
3,228 sqft · RM 149.00 PSF
Jun 2024
RM 485,000
OFF JALAN RIVER VIEW 1
3,228 sqft · RM 150.00 PSF
Apr 2024
3,300 sqft
1 units Double Storey Semi-D
RM 420,000
JALAN LUTONG-KUALA BARAM
3,287 sqft · RM 128.00 PSF
Mar 2024
3,350 sqft
1 units Single Storey Semi-D
RM 550,000
JALAN RIVERVIEW 1
3,357 sqft · RM 164.00 PSF
Jan 2024
3,500 sqft
1 units Single Storey Semi-D
RM 420,000
JALAN RIVERVIEW 1
3,498 sqft · RM 120.00 PSF
Jun 2024
3,600 sqft
1 units Single Storey Semi-D
RM 608,000
OFF JALAN RIVERVIEW 1
3,606 sqft · RM 169.00 PSF
Oct 2024
5,450 sqft
1 units Detached
RM 628,000
JALAN LUTONG KUALA BARAM
5,470 sqft · RM 115.00 PSF
May 2024