LUTONG BAZAAR

LUTONG BAZAAR in Bahagian Miri, Sarawak recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 505.

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.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 505, with most transactions between RM 505 and RM 505. The usual range is RM 377.25 to RM 632.75, showing that most units are priced quite close to each other. With an IQR of RM 255.50 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.