Area Intelligence

SPRING GARDEN 1 (PARENT LOT 3926 BLOK 1

3 properties
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Median Price
RM 650,000
PSF: RM 235

Residential Market

Median Price

RM 650,000

IQR: RM 54
MAD: RM 34
RM 235 PSF 35.9%

PSF Trends (2021-2025)

SPRING GARDEN 1 (PARENT LOT 3926 BLOK 1 in Bahagian Miri, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 235.

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 650K, with most transactions falling within a stable range of RM 495K to RM 805K, and a typical market range of RM 564K to RM 736K.

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

The median PSF stands at RM 235, with core pricing between RM 201 and RM 269. Market pricing typically extends from RM 208.00 to RM 262.00, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SPRING GARDEN 1 (PARENT LOT 3926 BLOK 1, Bahagian Miri, Sarawak

OSM

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Transactions

3 properties grouped by size

2,100 sqft
1 units Double Storey Terraced
RM 495,000
LORONG CAHAYA 1
2,109 sqft · RM 235.00 PSF
Jan 2023
2,400 sqft
1 units Double Storey Terraced
RM 650,000
LORONG CAHAYA 1
2,417 sqft · RM 269.00 PSF
Mar 2024
5,200 sqft
1 units Double Storey Terraced
RM 838,000
LORONG CAHAYA 1
5,205 sqft · RM 161.00 PSF
Oct 2023