LUAK BAY APARTMENT

LUAK BAY APARTMENT in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 229K and a median price per square foot (PSF) of RM 262.

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 229K, with most transactions falling within a stable range of RM 68K to RM 390K, and a typical market range of RM 149K to RM 310K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 262, with most transactions between RM 240 and RM 283. The usual range is RM 250.75 to RM 272.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.50 and an average deviation (MAD) of RM 22 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.