MIRI TIMES SQUARE

MIRI TIMES SQUARE in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 414.

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 550K, with most transactions falling within a stable range of RM 490K to RM 626K, and a typical market range of RM 515K to RM 586K.

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

Price per square foot shows a median of RM 414, though individual units vary from RM 179 to RM 649 in the core range. The broader market spans RM 236.50 to RM 591.50, indicating diverse property characteristics. A wider spread (IQR: RM 355.00) and deviation (MAD: RM 235) indicate significant PSF variations, likely due to diverse property types or conditions.

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.