IMPERIAL MALL

IMPERIAL MALL in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 917K and a median price per square foot (PSF) of RM 1,706.

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 917K, with most transactions falling within a stable range of RM 845K to RM 988K, and a typical market range of RM 845K to RM 988K.

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

Price per square foot shows a median of RM 1,706, though individual units vary from RM 1,040 to RM 2,371 in the core range. The broader market spans RM 1,506.38 to RM 1,904.63, indicating diverse property characteristics. A wider spread (IQR: RM 398.25) and deviation (MAD: RM 666) 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.