Area Intelligence

ASSAR COMMERCIAL CENTRE MIRI

5 properties
2024
Median Price
RM 1,450,000
PSF: RM 875

Commercial Market

Median Price

RM 1,450,000

IQR: RM 177
MAD: RM 90
RM 875 PSF 7.4%

PSF Trends (2021-2025)

ASSAR COMMERCIAL CENTRE MIRI in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 875.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.45 million, with most transactions falling within a stable range of RM 1.23 million to RM 1.67 million, and a typical market range of RM 1.32 million to RM 1.59 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 875, with core pricing between RM 762 and RM 988. Market pricing typically extends from RM 786.50 to RM 963.50, reflecting moderate variation in unit pricing. With an IQR of RM 177.00 and MAD of RM 113, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ASSAR COMMERCIAL CENTRE MIRI, Bahagian Miri, Sarawak

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Transactions

5 properties grouped by size

1,500 sqft 3 units 3-Storey Storey Shop
RM 1,000,000 - 1,480,000 PSF: RM 871
Road Price PSF Size Date
JALAN CAHAYA OFF JALAN MIRI BYPASS
RM 1,000,000
RM 665.00
1,503 sqft
Aug 2024
JALAN CAHAYA OFF JALAN MIRI BYPASS
RM 1,450,000
RM 963.00
1,506 sqft
Jun 2024
JALAN CAHAYA OFF JALAN MIRI BYPASS
RM 1,480,000
RM 985.00
1,503 sqft
May 2024
1,600 sqft 1 units 3-Storey Storey Shop
RM 1,350,000 PSF: RM 854
Road Price PSF Size Date
JALAN CAHAYA OFF MIRI BYPASS
RM 1,350,000
RM 854.00
1,581 sqft
Jul 2024
1,900 sqft 1 units 3-Storey Storey Shop
RM 1,680,000 PSF: RM 875
Road Price PSF Size Date
JALAN CAHAYA OFF JLN MIRI BY-PASS
RM 1,680,000
RM 875.00
1,920 sqft
Apr 2024