Area Intelligence

PARENT LOT 21 BLOK 17 BAKONG LD

2 properties
Median Price
RM 835,000
PSF: RM 516

Commercial Market

Median Price

RM 835,000

IQR: RM 28
MAD: RM 28
RM 516 PSF 11.5%

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.

Area Location

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PARENT LOT 21 BLOK 17 BAKONG LD, Bahagian Miri, Sarawak

OSM

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Transactions

2 properties grouped by size

1,600 sqft 2 units Double Storey Shop
RM 790,000 - 880,000 PSF: RM 516
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