Hillside Residences Luak Bay Miri

Hillside Residences is an exclusive residential development located in the picturesque Luak Bay area of Miri, Sarawak.

This project, developed by Longhouse Development (Miri) SB, spans 2.2 acres and features a limited collection of 16 double-storey semi-detached units.

With its modern design and luxurious amenities, Hillside Residences offers an exceptional living experience for families and individuals seeking tranquility within easy reach of urban conveniences.

Features

• Prime Location: Situated in Luak Bay 3, approximately 15 minutes from Miri City, providing easy access to key amenities such as Taman Awam, Miri Medeka Mall, and Miri Airport.
• Land Tenure: Freehold land tenure, ensuring long-term ownership security.
• Spacious Units: Each unit boasts a generous built-up area of 5,260 square feet and a wall-up size of 2,974 square feet, with land sizes ranging from 9.31 to 15.44 points.
• Thoughtful Layout: Each double-storey semi-detached home features four bedrooms and five bathrooms, designed for optimal comfort and functionality.
• Modern Amenities: Units come equipped with high-quality finishes, including stainless steel fittings, tempered glass accents, and premium kitchen cabinets.
• Security Features: Enhanced security with an auto gate system, concealed alarm wiring, and smoke detectors for peace of mind.
• Quality Construction: Homes are constructed with anti-termite treatment (5-year warranty) and built using durable materials to ensure longevity.
• Community Feel: The development comprises only 16 exclusive homes, fostering a close-knit community atmosphere.
• Completion Timeline: Estimated completion by Q3 of 2026, allowing prospective homeowners to plan ahead for their new living space.

FOR MORE INFO AND VIEWING
Danny Ho
0182412752 (Call/Whatsapp)
Whatsapp: https://wa.me/60182412752

Project Details

Site Land Area : 2.2 +- Acres
Land Tenure: Freehold
Land Type: Residetial
Type: Double Storey Semi-D
Unit: 16 Unit
Design: 4 Bedroom + 5 Bathroom
Wall Up Size : 2974 SQFT / 27 FT X 50 FT
Build Up: 5260 SQFT
Land Size: 9.31 – 15.44 POINTS
Selling Price Range : RM 1,258,888.00 to RM 1,438,888.00
ESTIMATED COMPLETION BY Q3 2026

Layout

FOR MORE INFO AND VIEWING
Danny Ho
0182412752 (Call/Whatsapp)
Whatsapp: https://wa.me/60182412752

Sub-Sale Market Analysis

1. Transaction Prices

In Miri, transaction prices for residential properties can vary significantly based on location, property type, and condition. Data collected from recent sales of properties in Miri indicates the following trends:

• Semi-Detached Houses: For semi-detached houses in desirable neighborhoods such as Luak Bay, transaction prices typically range from RM 900,000 to RM 1,600,000. The price range reflects the quality of the homes and their proximity to essential services and recreational areas.
• Terrace Houses: The market for double-storey terrace houses shows similar trends, with transaction prices generally between RM 700,000 and RM 1,200,000. These properties appeal to families and first-time buyers seeking affordable housing options.
• Luxury Developments: Newer developments like Hillside Residences are positioned at the higher end of the market, with selling prices for double-storey semi-detached units ranging from RM 1,258,888 to RM 1,438,888. Their modern design and premium amenities contribute to their higher value.

2. Rental Prices

The rental market in Miri has also shown resilience, driven by demand for quality housing among expatriates, professionals, and families. The following insights provide an overview of rental prices in the sub-sale market:

• Average Monthly Rent for Semi-Detached Homes: For semi-detached homes in Miri’s desirable neighborhoods, rental rates typically range from RM 2,500 to RM 4,500 per month. Factors influencing these rates include property condition, amenities, and proximity to schools and shopping centers.
• Terrace Homes: The rental prices for double-storey terrace houses are generally lower, averaging between RM 1,800 and RM 3,200 monthly. These homes cater to budget-conscious renters while still offering comfortable living spaces.
• Luxury Rentals: Given its premium offerings, Hillside Residences is expected to command higher rental rates upon completion. Projections suggest that units may rent for between RM 3,500 and RM 5,000 monthly due to their spacious layouts and modern amenities.

FOR MORE INFO AND VIEWING
Danny Ho
0182412752 (Call/Whatsapp)
Whatsapp: https://wa.me/60182412752