Area Intelligence

BANDAR MIRI

3 properties
2024
Median Price
RM 1,550,000
PSF: RM 930

Residential Market

Median Price

RM 438,000

RM 260 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,550,000

IQR: RM 170
MAD: RM 106
RM 930 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR MIRI in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2024, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 930.

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 1.55 million, with most transactions falling within a stable range of RM 1.34 million to RM 1.76 million, and a typical market range of RM 1.34 million to RM 1.76 million.

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

Price per square foot shows a median of RM 930, though individual units vary from RM 631 to RM 1,229 in the core range. The broader market spans RM 845.25 to RM 1,014.75, indicating diverse property characteristics. A wider spread (IQR: RM 169.50) and deviation (MAD: RM 299) indicate significant PSF variations, likely due to diverse property types or conditions.

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 1,550,000 PSF: RM 1,291
Road Price PSF Size Date
JALAN DURANTA
RM 1,550,000
RM 1,291.00
1,200 sqft
Jan 2024
1,950 sqft 1 units 4-Storey Storey Shop
RM 1,800,000 PSF: RM 930
Road Price PSF Size Date
JALAN BENDAHARA
RM 1,800,000
RM 930.00
1,936 sqft
Jan 2024
2,300 sqft 1 units 3-Storey Storey Shop
RM 1,280,000 PSF: RM 559
Road Price PSF Size Date
JALAN MERBAU
RM 1,280,000
RM 559.00
2,289 sqft
Sep 2024