Commercial Market
Median Price
RM 122,000
PSF Trends (2021-2025)
MERDEKA MALL in Bahagian Miri, Sarawak recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 122K and a median price per square foot (PSF) of RM 232.
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 122K, with most transactions falling within a stable range of RM 81K to RM 163K, and a typical market range of RM 81K to RM 163K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 232, with core pricing between RM 199 and RM 265. Market pricing typically extends from RM 150.50 to RM 313.50, reflecting moderate variation in unit pricing. With an IQR of RM 163.00 and MAD of RM 33, 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
19 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop/Retail Lot |
|
RM 377,000
|
RM 365.00
|
1,034 sqft
|
Jan 2024
|
Shop/Retail Lot |
|
RM 302,000
|
RM 364.00
|
830 sqft
|
Jan 2024
|
Shop/Retail Lot |
|
RM 260,000
|
RM 364.00
|
714 sqft
|
Jan 2024
|
Shop/Retail Lot |
|
RM 220,000
|
RM 365.00
|
603 sqft
|
Jan 2024
|
Shop/Retail Lot |
|
RM 179,000
|
RM 364.00
|
492 sqft
|
Jan 2024
|
Shop/Retail Lot |
|
RM 161,000
|
RM 364.00
|
442 sqft
|
Jan 2024
|
Shop/Retail Lot |
|
RM 81,000
|
RM 199.00
|
407 sqft
|
Nov 2023
|
Shop/Retail Lot |
|
RM 113,000
|
RM 201.00
|
563 sqft
|
Nov 2023
|
Shop/Retail Lot |
|
RM 132,000
|
RM 251.00
|
526 sqft
|
Nov 2023
|
Shop/Retail Lot |
|
RM 122,000
|
RM 251.00
|
487 sqft
|
Nov 2023
|
Shop/Retail Lot |
|
RM 101,000
|
RM 200.00
|
506 sqft
|
Oct 2023
|
Shop/Retail Lot |
|
RM 140,000
|
RM 325.00
|
431 sqft
|
Mar 2023
|
Shop/Retail Lot |
|
RM 144,000
|
RM 232.00
|
621 sqft
|
Feb 2023
|
Shop/Retail Lot |
|
RM 115,000
|
RM 231.00
|
497 sqft
|
Feb 2023
|
Shop/Retail Lot |
|
RM 80,000
|
RM 231.00
|
347 sqft
|
Feb 2023
|
Shop/Retail Lot |
|
RM 80,000
|
RM 231.00
|
347 sqft
|
Feb 2023
|
Shop/Retail Lot |
|
RM 52,000
|
RM 173.00
|
301 sqft
|
Aug 2022
|
Shop/Retail Lot |
|
RM 75,000
|
RM 199.00
|
376 sqft
|
Jul 2022
|
Shop/Retail Lot |
|
RM 96,000
|
RM 201.00
|
478 sqft
|
Jul 2022
|