LUTONG BAZAAR

LUTONG BAZAAR in Bahagian Miri, Sarawak recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 764.

This area contains both residential and commercial properties. View 1 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.10 million, with most transactions falling within a stable range of RM 950K to RM 1.25 million, and a typical market range of RM 899K to RM 1.30 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 764, though individual units vary from RM 606 to RM 922 in the core range. The broader market spans RM 636.25 to RM 891.75, indicating diverse property characteristics. The spread of RM 255.50 (IQR) and deviation of RM 158 (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. Limited transaction history suggests carefully evaluating comparable sales data.