Area Intelligence

IMPERIAL MALL

4 properties
2023
Median Price
RM 530,000
PSF: RM 632

Commercial Market

Median Price

RM 530,000

IQR: RM 398
MAD: RM 234
RM 632 PSF 169.9%

PSF Trends (2021-2025)

IMPERIAL MALL in Bahagian Miri, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 632.

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 530K, with most transactions falling within a stable range of RM 488K to RM 572K, and a typical market range of RM 480K to RM 584K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 632, though individual units vary from RM 498 to RM 766 in the core range. The broader market spans RM 432.88 to RM 831.13, indicating diverse property characteristics. The spread of RM 398.25 (IQR) and deviation of RM 134 (MAD) suggest moderate price variations reflecting different property features.

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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IMPERIAL MALL, Bahagian Miri, Sarawak

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Transactions

4 properties grouped by size

650 sqft 1 units Shop/Retail Lot
RM 560,000 PSF: RM 875
Price PSF Size Date
RM 560,000
RM 875.00
640 sqft
May 2023
850 sqft 1 units Shop/Retail Lot
RM 584,000 PSF: RM 695
Price PSF Size Date
RM 584,000
RM 695.00
840 sqft
Jul 2023
900 sqft 2 units Shop/Retail Lot
RM 480,000 - 500,000 PSF: RM 551
Price PSF Size Date
RM 500,000
RM 569.00
879 sqft
Jun 2023
RM 480,000
RM 533.00
900 sqft
Jun 2023