PARENT LOT 1559 & 1561, JALAN LUAK

PARENT LOT 1559 & 1561, JALAN LUAK in Bahagian Miri, Sarawak recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 232.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 498K to RM 502K, and a typical market range of RM 498K to RM 524K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 232, with most transactions between RM 224 and RM 240. The usual range is RM 193.50 to RM 270.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 8, 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.