LUTONG BAZAAR

LUTONG BAZAAR in Bahagian Miri, Sarawak recorded 1 subsale transactions in 2021, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 922.

This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 922, with most transactions between RM 922 and RM 922. The usual range is RM 828.75 to RM 1,015.25, showing that most units are priced quite close to each other. With an IQR of RM 186.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.