MIRI TIMES SQUARE

MIRI TIMES SQUARE in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 605.

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 580K, with most transactions falling within a stable range of RM 541K to RM 580K, and a typical market range of RM 545K to RM 580K.

Most transactions involved soho/sofo/sovo, though some variety exists in the market.

Price per square foot shows a median of RM 605, though individual units vary from RM 480 to RM 730 in the core range. The broader market spans RM 427.50 to RM 782.50, indicating diverse property characteristics. The spread of RM 355.00 (IQR) and deviation of RM 125 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.