SOUTHLAKE

SOUTHLAKE in Bahagian Miri, Sarawak recorded 29 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 360K and a median price per square foot (PSF) of RM 166.

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 360K, with most transactions falling within a stable range of RM 313K to RM 418K, and a typical market range of RM 313K to RM 455K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 166, with core pricing between RM 140 and RM 192. Market pricing typically extends from RM 140.88 to RM 191.13, reflecting moderate variation in unit pricing. The spread of RM 50.25 (IQR) and deviation of RM 26 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.