Taman Ceria is a thriving residential development located in the vibrant city of Miri, Sarawak.

Known as “Happy Garden,” this community offers a harmonious blend of modern living and family-friendly amenities.

It is part of the larger Bandar Baru Permyjaya township, strategically positioned to provide residents with easy access to essential services, educational institutions, and recreational facilities.

Features:

Strategic Location: Situated in the northern part of Miri, Taman Ceria boasts excellent connectivity to major highways and the city center, ensuring convenient commutes and accessibility to commercial areas.
Diverse Residential Options: The development features a range of housing types, including spacious double-storey terrace houses and affordable low-cost units, catering to various preferences and budgets.
Educational Facilities: Families benefit from the presence of several primary and secondary schools within the vicinity, offering quality education options close to home.
Commercial and Retail Hubs: Residents have access to a thriving commercial center with shops, restaurants, and service providers, making it easy to meet daily needs without traveling far.
Healthcare Accessibility: The area is equipped with healthcare facilities such as clinics and pharmacies, providing essential medical services to the community.
Recreational Amenities: Well-maintained parks, playgrounds, and community centers offer ample opportunities for outdoor activities and social gatherings, fostering a vibrant community spirit.
Investment Potential: Taman Ceria presents a favorable investment opportunity with rising property values and a strong rental market, appealing to both short-term and long-term investors.

Sub-Sale Market Analysis

1. Transaction Prices:

Based on recent data, transaction prices in Taman Ceria have shown a range reflective of the diverse property types available within the development.

Here is a summary of transaction prices for various units:

2 – 2 1/2 Storey Terraced Houses: These properties have been transacting at prices typically between RM215,000 and RM265,000. The variability in pricing often reflects differences in unit size, location within the neighborhood (e.g., corner lots), and property condition.
Low-Cost Housing Units: These more affordable options have seen transaction prices ranging from RM160,000 to RM220,000. These are ideal for first-time homebuyers or those seeking budget-friendly options.

2. Rental Prices:

Rental prices in Taman Ceria are also influenced by the type of property and its features.

Here’s an overview of typical rental rates:

Double-Storey Terrace Houses: Monthly rental prices for these spacious homes generally range from RM1,200 to RM1,800. Properties with additional amenities or unique features may command higher rents.
Low-Cost Units: These units offer more economical living solutions with rental prices typically falling between RM700 and RM1,000 per month.

3. Market Trends and Insights

Steady Growth: The sub-sale market for Taman Ceria has experienced steady growth in both transaction and rental prices, driven by ongoing development within Bandar Baru Permyjaya and increasing demand for residential properties in Miri.
Investment Appeal: The area’s strategic location, coupled with its comprehensive amenities and community-focused environment, enhances its investment appeal. Investors can expect favorable rental yields and potential capital appreciation.
Buyer Preferences: The diversity in property types allows Taman Ceria to cater to a wide range of buyer preferences, from budget-conscious individuals to those seeking more spacious family homes.
Market Challenges: Potential challenges include fluctuating market conditions and economic factors that may affect buyer sentiment. However, Taman Ceria’s established infrastructure and desirable location continue to mitigate these risks.