SouthLake Terrace @ SouthLake Permyjaya
New Launch

SouthLake Terrace @ SouthLake Permyjaya

Miri, Sarawak

From

RM587k

Price From

RM587k

Built-Up

2,426 sqft

Price Insights

Developer Asking Price

RM242/sqft

Based on RM587k ÷ 2,426 sqft

Sarawak Market Range

RM280480/sqft

Q3 2025 median (high-rise residential)

Based on Miri, Sarawak market data, similar properties transact at RM280–RM480 psf. This project is priced within the market range for the area.

ReviewDo Your HomeworkBased on verified transaction data

SouthLake Terrace @ SouthLake Permyjaya Review — Worth Buying?

NP Score

5/10

Moderate

Asking PSF

RM242

per sqft

The honest verdict

Value & Pricing

Entry-level pricing at RM587,000 is competitive for landed houses in Miri's mid-tier market, though actual value assessment requires comparison with similar developments and clarification on built-up area, finishes, and included amenities.

Location & Connectivity

SouthLake Permyjaya offers suburban residential appeal with absence of MRT or rapid transit connectivity; property viability depends on proximity to main roads, commercial hubs, and schools, which requires on-site verification given limited public information.

Risk & Timing

Significant risks include unspecified tenure type (freehold vs. leasehold) and missing completion timeline, both critical factors affecting long-term value and investment returns; recommend obtaining formal project information before commitment.

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Project Details

Property Type

Landed House

Construction Status

New Launch

Bumi Discount

Not Available

SouthLake Terrace @ SouthLake Permyjaya Video Tour

Watch a video tour of SouthLake Terrace @ SouthLake Permyjaya in Miri, Sarawak. Landed House by Developer.

Video sourced from YouTube. Not affiliated with the developer.

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Why Consider SouthLake Terrace @ SouthLake Permyjaya?

Based on location data and market analysis

  • Located in Miri, Sarawak
  • By Developer — verified developer on NewProjek
  • Landed House development

Investment Snapshot

Based on verified transaction data for Sarawak

Est. Monthly Rental

RM2,0002,700

Based on similar properties in Sarawak

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Airbnb Estimate

RM2,300/mo

RM130/night × 60% occupancy · 4.7% gross yield

See Airbnb guide →

Area Price Trend

+9.7%

Verified sold prices 2021–2025

Price-to-Income

9.8x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Sarawak (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Miri

Browse real verified transaction prices for nearby properties

What's Nearby

To see estimated commute time

Powered by Google Maps · Walking times are estimates only

Mortgage Calculator

Est. monthly repayment

RM 2,677/mo

Based on 10% down, 30yr tenure at 4.5% p.a.

55% Principal — RM 528,30045% Interest — RM 435,355

Upfront costs

Down payment (10%)RM 58,700
Loan amount (90%)RM 528,300
Property PriceRM 587,000
Down Payment10%
Loan Tenure30 years
Interest Rate4.5% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of SouthLake Terrace @ SouthLake Permyjaya?

SouthLake Terrace @ SouthLake Permyjaya starts from RM587k. Contact the developer directly on NewProjek for the latest pricing.

Where is SouthLake Terrace @ SouthLake Permyjaya located?

SouthLake Terrace @ SouthLake Permyjaya is located in Miri, Sarawak, Malaysia.

Who is the developer of SouthLake Terrace @ SouthLake Permyjaya?

SouthLake Terrace @ SouthLake Permyjaya is developed by Developer.

What type of property is SouthLake Terrace @ SouthLake Permyjaya?

SouthLake Terrace @ SouthLake Permyjaya is a Landed House development.

What is the construction status of SouthLake Terrace @ SouthLake Permyjaya?

SouthLake Terrace @ SouthLake Permyjaya is currently New Launch.

Berapa harga SouthLake Terrace @ SouthLake Permyjaya?

SouthLake Terrace @ SouthLake Permyjaya dijual bermula dari RM587k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

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