Area Intelligence

BANDAR MIRI

3 properties
2022
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Median Price
RM 1,350,000
PSF: RM 928

Residential Market

Median Price

RM 438,000

RM 260 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,350,000

IQR: RM 170
MAD: RM 106
RM 928 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR MIRI in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 1.35 million and a median price per square foot (PSF) of RM 928.

This area contains both residential and commercial properties. View 1 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.35 million, with most transactions falling within a stable range of RM 1.32 million to RM 1.35 million, and a typical market range of RM 1.28 million to RM 1.35 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 928, with core pricing between RM 829 and RM 1,027. Market pricing typically extends from RM 843.25 to RM 1,012.75, reflecting moderate variation in unit pricing. With an IQR of RM 169.50 and MAD of RM 99, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR MIRI, Bahagian Miri, Sarawak

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Transactions

3 properties grouped by size

1,200 sqft 1 units 3-Storey Storey Shop
RM 1,350,000 PSF: RM 1,125
Road Price PSF Size Date
JALAN NAHKODA GAMPAR
RM 1,350,000
RM 1,125.00
1,200 sqft
Jul 2022
1,400 sqft 1 units 3-Storey Storey Shop
RM 1,280,000 PSF: RM 904
Road Price PSF Size Date
JALAN TRITONIA OFFJALAN PERMAISURI
RM 1,280,000
RM 904.00
1,417 sqft
May 2022
1,450 sqft 1 units 3-Storey Storey Shop
RM 1,350,000 PSF: RM 928
Road Price PSF Size Date
JALAN MERPATI
RM 1,350,000
RM 928.00
1,454 sqft
Aug 2022