NOVENA VILLAS

NOVENA VILLAS in Bahagian Samarahan, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 433K and a median price per square foot (PSF) of RM 226.

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 433K, with most transactions falling within a stable range of RM 330K to RM 535K, and a typical market range of RM 386K to RM 479K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 226, with core pricing between RM 189 and RM 263. Market pricing typically extends from RM 203.38 to RM 248.63, reflecting moderate variation in unit pricing. The spread of RM 45.25 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.

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.