RICE FIELD @ 19TH MILE

RICE FIELD @ 19TH MILE in Bahagian Serian, Sarawak recorded 9 subsale transactions in 2021, with a median price of RM 323K and a median price per square foot (PSF) of RM 151.

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 323K, with most transactions falling within a stable range of RM 313K to RM 377K, and a typical market range of RM 313K to RM 380K.

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

The median PSF stands at RM 151, with core pricing between RM 124 and RM 178. Market pricing typically extends from RM 129.38 to RM 172.63, reflecting moderate variation in unit pricing. The spread of RM 43.25 (IQR) and deviation of RM 27 (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.