Area Intelligence

Kampung PANGKALAN, LUTONG

2 properties
Detached
Median Price
RM 1,974,500
PSF: RM 56

Residential Market

Median Price

RM 1,974,500

IQR: RM 101
MAD: RM 66
RM 56 PSF 27.9%

PSF Trends (2021-2025)

KAMPUNG PANGKALAN, LUTONG in Bahagian Miri, Sarawak recorded 2 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 1.97 million and a median price per square foot (PSF) of RM 56.

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 1.97 million, with most transactions falling within a stable range of RM 399K to RM 3.55 million, and a typical market range of RM 1.19 million to RM 2.76 million.

Within the Detached category, detached dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 56, though individual units vary from RM 23 to RM 89 in the core range. The broader market spans RM 5.75 to RM 106.25, indicating diverse property characteristics. A wider spread (IQR: RM 100.50) and deviation (MAD: RM 33) 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. 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 PANGKALAN, LUTONG, Bahagian Miri, Sarawak

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Transactions

2 properties grouped by size

17,550 sqft 1 units Detached
RM 399,000 PSF: RM 23
Road Price PSF Size Date
JALAN Kampung PENGKALAN LUTONG
RM 399,000
RM 23.00
17,545 sqft
Aug 2023
39,800 sqft 1 units Detached
RM 3,550,000 PSF: RM 89
Road Price PSF Size Date
JALAN LUTONG-KUALA BARAM
RM 3,550,000
RM 89.00
39,805 sqft
Apr 2024