DESA LUTONG INDUSTRIAL ESTATE

DESA LUTONG INDUSTRIAL ESTATE in Bahagian Miri, Sarawak recorded 1 subsale transactions in 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 58.

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 semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 58, with most transactions between RM 58 and RM 58. The usual range is RM 40.50 to RM 75.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.