Area Intelligence

KAMPUNG LUAK

3 properties
Median Price
RM 1,285,000
PSF: RM 98

Residential Market

Median Price

RM 1,285,000

IQR: RM 9
MAD: RM 9
RM 98 PSF

PSF Trends (2021-2025)

KAMPUNG LUAK in Bahagian Miri, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.29 million and a median price per square foot (PSF) of RM 98.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.29 million, with most transactions falling within a stable range of RM 570K to RM 2.00 million, and a typical market range of RM 928K to RM 1.64 million.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 98, with most transactions between RM 89 and RM 107. The usual range is RM 93.50 to RM 102.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 and an average deviation (MAD) of RM 9 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAMPUNG LUAK, Bahagian Miri, Sarawak

OSM

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Transactions

3 properties grouped by size

3,700 sqft 1 units Double Storey Semi-D
RM 680,000 PSF: RM 185
Road Price PSF Size Date
JALAN NAVIA OFF JALAN BAKAM
RM 680,000
RM 185.00
3,680 sqft
Mar 2024
5,350 sqft 1 units Detached
RM 570,000 PSF: RM 107
Road Price PSF Size Date
JALAN LUAK BAY
RM 570,000
RM 107.00
5,329 sqft
Jul 2024
22,450 sqft 1 units Detached
RM 2,000,000 PSF: RM 89
Road Price PSF Size Date
JALAN LUAK BAY
RM 2,000,000
RM 89.00
22,443 sqft
Jan 2022