Commercial Market
Median Price
RM 600,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
19 properties
Median Price
RM 726,250
-19.1% CAGR
Median PSF
RM 516.00
-15.3% CAGR
Office Lot
10 properties
Median Price
RM 280,000
+60.7% CAGR
Median PSF
RM 227.00
+23.4% CAGR
4-Storey Storey Shop
6 properties
Median Price
RM 1,560,000
-14.1% CAGR
Median PSF
RM 884.00
-14.1% CAGR
Single Storey Shop
3 properties
Median Price
RM 700,000
+62.4% CAGR
Median PSF
RM 539.00
+75.1% CAGR
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Shop/Retail Lot | 19 | 20,154,000 |
RM 726,250
±185K MAD
|
-19.07% |
RM 516.00
±78 MAD
|
-15.34% | |
Office Lot | 10 | 1,820,000 |
RM 280,000
±30K MAD
|
+60.73% |
RM 227.00
±18 MAD
|
+23.43% | |
4-Storey Storey Shop | 6 | 12,640,000 |
RM 1,560,000
±410K MAD
|
-14.14% |
RM 884.00
±60 MAD
|
-14.05% | |
Single Storey Shop | 3 | 1,810,000 |
RM 700,000
±200K MAD
|
+62.43% |
RM 539.00
±153 MAD
|
+75.05% |
LAKIN SHOPHOUSE in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 500.
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 600K, with most transactions falling within a stable range of RM 580K to RM 620K, and a typical market range of RM 590K to RM 610K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 500, with most transactions between RM 483 and RM 516. The usual range is RM 491.25 to RM 507.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.50 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JALAN SEPUPOK
|
RM 580,000
|
RM 483.00
|
1,201 sqft
|
Apr 2023
|
JALAN SEPUPOK
|
RM 620,000
|
RM 516.00
|
1,201 sqft
|
Feb 2023
|