Area Intelligence

BOULEVARD COMMERCIAL CENTRE

2 properties
Median Price
RM 1,150,000
PSF: RM 879

Commercial Market

Median Price

RM 1,150,000

IQR: RM 498
MAD: RM 498
RM 879 PSF

PSF Trends (2021-2025)

BOULEVARD COMMERCIAL CENTRE in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 879.

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 1.15 million, with most transactions falling within a stable range of RM 700K to RM 1.60 million, and a typical market range of RM 925K to RM 1.38 million.

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

Price per square foot shows a median of RM 879, though individual units vary from RM 381 to RM 1,376 in the core range. The broader market spans RM 629.75 to RM 1,127.25, indicating diverse property characteristics. A wider spread (IQR: RM 497.50) and deviation (MAD: RM 498) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BOULEVARD COMMERCIAL CENTRE, Bahagian Miri, Sarawak

OSM

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Transactions

2 properties grouped by size

1,150 sqft 1 units 3-Storey Storey Shop
RM 1,600,000 PSF: RM 1,376
Road Price PSF Size Date
JALAN BOULEVARD 2A/1
RM 1,600,000
RM 1,376.00
1,163 sqft
Aug 2023
1,850 sqft 1 units 3-Storey Storey Shop
RM 700,000 PSF: RM 381
Road Price PSF Size Date
JALAN BOULEVARD 2A/1
RM 700,000
RM 381.00
1,840 sqft
Jan 2025