TAMAN BUMIKO

TAMAN BUMIKO in Bahagian Miri, Sarawak recorded 7 subsale transactions in 2023, with a median price of RM 410K and a median price per square foot (PSF) of RM 250.

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 410K, with most transactions falling within a stable range of RM 368K to RM 452K, and a typical market range of RM 389K to RM 431K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 250, though individual units vary from RM 196 to RM 304 in the core range. The broader market spans RM 209.88 to RM 290.13, indicating diverse property characteristics. The spread of RM 80.25 (IQR) and deviation of RM 54 (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.