SOUTHLAKE
Residential Market
Median Price
RM 452,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
29 properties
Median Price
RM 398,000
+7.5% CAGR
Median PSF
RM 172.50
+1.6% CAGR
Single Storey Semi-D
10 properties
Median Price
RM 615,000
+1.4% CAGR
Median PSF
RM 130.00
+3.7% CAGR
Double Storey Terraced
9 properties
Median Price
RM 502,250
-2.0% CAGR
Median PSF
RM 210.75
+25.1% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 980,000
Median PSF
RM 162.00
Detached
1 properties
Median Price
RM 1,850,000
Median PSF
RM 188.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 29 |
RM 398,000
±53K MAD
|
+7.46% |
RM 172.50
±7 MAD
|
+1.62% | |
| Single Storey Semi-D | 10 |
RM 615,000
±18K MAD
|
+1.40% |
RM 130.00
±3 MAD
|
+3.71% | |
| Double Storey Terraced | 9 |
RM 502,250
±13K MAD
|
-2.00% |
RM 210.75
±31 MAD
|
+25.07% | |
| Double Storey Semi-D | 1 |
RM 980,000
|
- |
RM 162.00
|
- | |
| Detached | 1 |
RM 1,850,000
|
- |
RM 188.00
|
- |
SOUTHLAKE in Bahagian Miri, Sarawak recorded 10 subsale transactions in 2024, with a median price of RM 452K and a median price per square foot (PSF) of RM 186.
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 452K, with most transactions falling within a stable range of RM 378K to RM 549K, and a typical market range of RM 378K to RM 547K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 186, though individual units vary from RM 137 to RM 234 in the core range. The broader market spans RM 160.38 to RM 210.63, indicating diverse property characteristics. A wider spread (IQR: RM 50.25) and deviation (MAD: RM 48) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN MELROSE
|
RM 428,000
|
RM 209.00
|
2,051 sqft
|
Jul 2024
|
|
OFF JALAN KUALA-BARAM PUJUT BYPASS
|
RM 390,000
|
RM 187.00
|
2,082 sqft
|
Aug 2024
|
Single Storey Terraced |
|
OFF JALAN KUALA-BARAM PUJUT BYPASS
|
RM 378,000
|
RM 182.00
|
2,082 sqft
|
Aug 2024
|
Single Storey Terraced |
|
OFF JALAN KUALA-BARAM PUJUT BYPASS
|
RM 383,000
|
RM 184.00
|
2,082 sqft
|
Aug 2024
|
Single Storey Terraced |
|
OFF JALAN KUALA BARAM-PUJUT BY PASS
|
RM 476,000
|
RM 229.00
|
2,082 sqft
|
Jul 2024
|
Double Storey Terraced |
|
JALAN KUALA-BARAM PUJUT BYPASS
|
RM 398,000
|
RM 191.00
|
2,082 sqft
|
Jun 2024
|
Single Storey Terraced |
|
JALAN KUALA BARAM-PUJUT BY PASS
|
RM 550,000
|
RM 264.00
|
2,082 sqft
|
Mar 2024
|
Double Storey Terraced |
|
JALAN MELROSE
|
RM 480,000
|
RM 111.00
|
4,340 sqft
|
Mar 2024
|
|
JALAN KUALA-BARAM PUJUT BYPASS
|
RM 546,000
|
RM 107.00
|
5,106 sqft
|
Jun 2024
|
|
JALAN KUALA BARAM BY PASS
|
RM 700,000
|
RM 130.00
|
5,393 sqft
|
Nov 2024
|