Commercial Market
Median Price
RM 1,500,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
84 properties
Median Price
RM 839,500
-12.3% CAGR
Median PSF
RM 483.00
-9.5% CAGR
Town House
10 properties
Median Price
RM 749,000
+4.7% CAGR
Median PSF
RM 349.75
-0.2% CAGR
Cluster House
5 properties
Median Price
RM 1,047,500
+46.5% CAGR
Median PSF
RM 512.50
+10.5% CAGR
Double Storey Semi-D
3 properties
Median Price
RM 1,400,000
-26.6% CAGR
Median PSF
RM 454.00
-13.6% CAGR
Condo/Apartment
2 properties
Median Price
RM 249,500
Median PSF
RM 244.00
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Double Storey Terraced | 84 | 78,973,000 |
RM 839,500
±47K MAD
|
-12.34% |
RM 483.00
±17 MAD
|
-9.52% | |
| Town House | 10 | 7,565,000 |
RM 749,000
±54K MAD
|
+4.65% |
RM 349.75
±5 MAD
|
-0.24% | |
| Cluster House | 5 | 5,908,000 |
RM 1,047,500
±198K MAD
|
+46.47% |
RM 512.50
±26 MAD
|
+10.47% | |
| Double Storey Semi-D | 3 | 4,400,000 |
RM 1,400,000
±350K MAD
|
-26.62% |
RM 454.00
±74 MAD
|
-13.59% | |
| Condo/Apartment | 2 | 499,000 |
RM 249,500
|
- |
RM 244.00
|
- |
PELITA COMMERCIAL CENTRE in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 1,184.
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 1.50 million, with most transactions falling within a stable range of RM 1.40 million to RM 1.60 million, and a typical market range of RM 1.45 million to RM 1.55 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 1,184, with most transactions between RM 1,105 and RM 1,262. The usual range is RM 1,144.25 to RM 1,222.75, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 79, 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 PELITA UTAMA
|
RM 1,400,000
|
RM 1,105.00
|
1,267 sqft
|
Feb 2024
|
|
JALAN PELITA UTAMA
|
RM 1,600,000
|
RM 1,262.00
|
1,268 sqft
|
Dec 2022
|