Commercial Market
Median Price
RM 1,500,000
PSF Trends (2021-2025)
MARINA SQUARE in Bahagian Miri, Sarawak recorded 15 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 1,137.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.50 million, with most transactions falling within a stable range of RM 1.35 million to RM 1.74 million, and a typical market range of RM 1.36 million to RM 1.64 million.
Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with minimal variety in property types.
For price per square foot, the median is RM 1,137, with most transactions between RM 1,054 and RM 1,220. The usual range is RM 1,084.50 to RM 1,189.50, showing that most units are priced quite close to each other. With an IQR of RM 105.00 and MAD of RM 83, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
15 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JALAN MS 2/1, MARINA SQUARE PHASE 2
|
RM 1,550,000
|
RM 1,176.00
|
1,319 sqft
|
Feb 2024
|
LORONG MARINA 3/1
|
RM 1,500,000
|
RM 1,137.00
|
1,320 sqft
|
Aug 2023
|
JALAN MS 2/1
|
RM 1,560,000
|
RM 1,182.00
|
1,320 sqft
|
Jun 2023
|
JALAN MS 2/1
|
RM 1,764,000
|
RM 1,337.00
|
1,320 sqft
|
Jun 2023
|
LORONG MARINA 5/2
|
RM 1,500,000
|
RM 1,137.00
|
1,320 sqft
|
Apr 2023
|
LORONG MARINA 5/3
|
RM 1,400,000
|
RM 1,061.00
|
1,320 sqft
|
Nov 2022
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JALAN MARINA 5/2
|
RM 2,000,000
|
RM 1,080.00
|
1,851 sqft
|
Apr 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
LOR MARINA 5/3
|
RM 2,280,000
|
RM 1,170.00
|
1,949 sqft
|
Aug 2024
|