Commercial Market
Median Price
RM 835,000
PSF Trends (2021-2025)
PARENT LOT 21 BLOK 17 BAKONG LD in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 835K and a median price per square foot (PSF) of RM 516.
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 835K, with most transactions falling within a stable range of RM 790K to RM 880K, and a typical market range of RM 813K to RM 858K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 516, with most transactions between RM 488 and RM 544. The usual range is RM 502.00 to RM 530.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.
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 BELURU-LONG LAMA
|
RM 880,000
|
RM 544.00
|
1,619 sqft
|
Sep 2023
|
JALAN BELURU-LONG LAMA
|
RM 790,000
|
RM 488.00
|
1,619 sqft
|
Jan 2022
|