PARENT LOT 1559 & 1561, JALAN LUAK

PARENT LOT 1559 & 1561, JALAN LUAK in Bahagian Miri, Sarawak recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 499K and a median price per square foot (PSF) of RM 233.

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 499K, with most transactions falling within a stable range of RM 498K to RM 538K, and a typical market range of RM 498K to RM 523K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 233, with core pricing between RM 198 and RM 267. Market pricing typically extends from RM 194.00 to RM 271.00, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 34, 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.