DESA ILMU

DESA ILMU in Bahagian Samarahan, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 108K and a median price per square foot (PSF) of RM 162.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 108K, with most transactions falling within a stable range of RM 100K to RM 115K, and a typical market range of RM 103K to RM 112K.

Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 162, with most transactions between RM 160 and RM 164. The usual range is RM 158.50 to RM 165.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.