LUTONG BAZAAR

LUTONG BAZAAR in Bahagian Miri, Sarawak recorded 1 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 545K and a median price per square foot (PSF) of RM 35.

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.

Within the Detached category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 35, with most transactions between RM 35 and RM 35. The usual range is RM 0.00 to RM 128.25, 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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.