RIAM AVENUE

Bahagian Miri, Sarawak · Leasehold · 6 transactions

Median Price

RM650K

RM548K – RM668K

Median PSF

RM454

RM383 – RM467

Transactions

6

2021-11 to 2024-05

Size Range

1432 – 1432

sq.ft (built-up)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for RIAM AVENUE

Investment Return

Earliest PSF (2021)

RM398

Current PSF (2024)

RM454

Capital Gain

+14.0%

Total Return (est.)

9.0% p.a.

Capital appreciation (3 years)+14.0%
Annualised capital return+4.7% p.a.
Est. gross rental yield4.3% p.a.
Est. total return (capital + rental)9.0% p.a.
vs Fixed Deposit (3.5% p.a. x 3yr)+16.4%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Sarawak district averages.

Market Verdict

PSF Trend: Appreciating

PSF moved from RM398 (2021) to RM454 (2024)

Liquidity: Low

6 transactions over 3 years (~2/year)

5% above Bahagian Miri average

This project: RM454 PSF vs Bahagian Miri median: RM431 PSF

Est. Total Return: 9.0% p.a. (beats FD)

Capital gain (4.7% p.a.) + rental yield (~4.3% p.a.)

Verdict

RIAM AVENUE delivers a strong estimated total return of 9.0% p.a. — comprising +4.7% capital appreciation and ~4.3% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Bahagian Miri average, suggesting fair market pricing. Best suited for capital gain seekers.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 6
DateTypeTenureSize (sqft)PSFPrice
May 20241 - 1 1/2 Storey Semi-DetachedLeasehold1,432RM454RM650K
Dec 20231 - 1 1/2 Storey Semi-DetachedLeasehold1,432RM370RM530K
Mar 20231 - 1 1/2 Storey Semi-DetachedLeasehold1,432RM467RM668K
Mar 20231 - 1 1/2 Storey Semi-DetachedLeasehold1,432RM467RM668K
Dec 20211 - 1 1/2 Storey Semi-DetachedLeasehold1,432RM398RM570K

1 more transactions hidden

Full Report Includes

Complete NAPIC transaction data with trend analysis — RM69.90 per report

Investment ROI

Capital gain + rental yield since launch

Market verdict

Trend, liquidity, and area comparison

Unit mix breakdown

Price & PSF by unit size

All transactions

Full table of 6 records

3 interactive charts

Scatter, price & PSF vs Bahagian Miri & Sarawak

Percentile breakdown

25th, 50th, 75th price & PSF

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