Commercial Market
Median Price
RM 505,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Office Lot
53 properties
Median Price
RM 450,000
+6.9% CAGR
Median PSF
RM 328.00
+13.8% CAGR
Condo/Apartment
16 properties
Median Price
RM 702,500
+5.8% CAGR
Median PSF
RM 491.00
-0.9% CAGR
Shop/Retail Lot
14 properties
Median Price
RM 813,000
-33.1% CAGR
Median PSF
RM 571.50
-17.5% CAGR
5-Storey Storey Shop
2 properties
Median Price
RM 234,000
Median PSF
RM 310.50
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Office Lot | 53 | 29,880,000 |
RM 450,000
±150K MAD
|
+6.87% |
RM 328.00
±23 MAD
|
+13.79% | |
| Condo/Apartment | 16 | 10,875,000 |
RM 702,500
±58K MAD
|
+5.85% |
RM 491.00
±12 MAD
|
-0.95% | |
| Shop/Retail Lot | 14 | 13,804,000 |
RM 813,000
±315K MAD
|
-33.06% |
RM 571.50
±55 MAD
|
-17.47% | |
| 5-Storey Storey Shop | 2 | 468,000 |
RM 234,000
|
- |
RM 310.50
|
- |
NIAH JAYA in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 505K and a median price per square foot (PSF) of RM 342.
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 505K, with most transactions falling within a stable range of RM 450K to RM 560K, and a typical market range of RM 478K to RM 533K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 342, with core pricing between RM 295 and RM 388. Market pricing typically extends from RM 318.25 to RM 364.75, reflecting moderate variation in unit pricing. With an IQR of RM 46.50 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
JALAN COASTAL BINTULU - MIRI
|
RM 560,000
|
RM 388.00
|
1,442 sqft
|
Aug 2024
|
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
JALAN NIAH COASTAL HIGHWAY
|
RM 450,000
|
RM 295.00
|
1,526 sqft
|
Apr 2022
|