Area Intelligence

MARINA SQUARE

15 properties
3-Storey Storey Shop
Median Price
RM 1,500,000
PSF: RM 1,137

Commercial Market

Median Price

RM 1,500,000

IQR: RM 105
MAD: RM 57
RM 1,137 PSF 3.7%

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.

Area Location

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MARINA SQUARE, Bahagian Miri, Sarawak

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Transactions

15 properties grouped by size

1,300 sqft 13 units (showing 6) 3-Storey Storey Shop
RM 1,350,000 - 1,764,000 PSF: RM 1,147
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
1,850 sqft 1 units 3-Storey Storey Shop
RM 2,000,000 PSF: RM 1,080
Road Price PSF Size Date
JALAN MARINA 5/2
RM 2,000,000
RM 1,080.00
1,851 sqft
Apr 2023
1,950 sqft 1 units 3-Storey Storey Shop
RM 2,280,000 PSF: RM 1,170
Road Price PSF Size Date
LOR MARINA 5/3
RM 2,280,000
RM 1,170.00
1,949 sqft
Aug 2024