Area Intelligence

BATU NIAH BAZAAR

3 properties
Median Price
RM 800,000
PSF: RM 482

Commercial Market

Median Price

RM 800,000

IQR: RM 164
MAD: RM 81
RM 482 PSF 8.1%

PSF Trends (2021-2025)

BATU NIAH BAZAAR in Bahagian Miri, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 800K and a median price per square foot (PSF) of RM 482.

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

Price remained flat, and PSF growth was PSF remained flat.

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

The median PSF stands at RM 482, with core pricing between RM 401 and RM 563. Market pricing typically extends from RM 400.25 to RM 563.75, reflecting moderate variation in unit pricing. The spread of RM 163.50 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

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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BATU NIAH BAZAAR, Bahagian Miri, Sarawak

OSM

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Transactions

3 properties grouped by size

1,400 sqft 2 units Double Storey Shop
RM 325,000 - 800,000 PSF: RM 400
Road Price PSF Size Date
JALAN GUNUNG SUBIS
RM 325,000
RM 236.00
1,376 sqft
Jan 2025
JALAN NIAH FEEDER
RM 800,000
RM 563.00
1,421 sqft
Dec 2024
1,650 sqft 1 units Double Storey Shop
RM 800,000 PSF: RM 482
Road Price PSF Size Date
OFF JALAN GUNUNG SUBIS
RM 800,000
RM 482.00
1,661 sqft
May 2022