LUTONG BARU

LUTONG BARU in Bahagian Miri, Sarawak recorded 20 Single Storey Semi-D properties subsale transactions between 2021 and 2025 for single storey semi-d properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 107.

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 430K, with most transactions falling within a stable range of RM 379K to RM 480K, and a typical market range of RM 367K to RM 492K.

Within the Single Storey Semi-D category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 107, with core pricing between RM 89 and RM 124. Market pricing typically extends from RM 83.00 to RM 130.00, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.