RPR PIASAU FASA 3

RPR PIASAU FASA 3 in Bahagian Miri, Sarawak recorded 7 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 159.

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 290K, with most transactions falling within a stable range of RM 250K to RM 362K, and a typical market range of RM 250K to RM 343K.

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

The median PSF stands at RM 159, with core pricing between RM 130 and RM 188. Market pricing typically extends from RM 134.50 to RM 183.50, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.