Area Intelligence

PELITA COMMERCIAL CENTRE

1 properties
2022
Median Price
RM 1,600,000
PSF: RM 1,262

Commercial Market

Median Price

RM 1,600,000

IQR: RM 79
MAD: RM 79
RM 1,262 PSF 6.4%

PSF Trends (2021-2025)

PELITA COMMERCIAL CENTRE in Bahagian Miri, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 1,262.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,262, with most transactions between RM 1,262 and RM 1,262. The usual range is RM 1,222.75 to RM 1,301.25, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 0, 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.

Area Location

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PELITA COMMERCIAL CENTRE, Bahagian Miri, Sarawak

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Transactions

1 properties grouped by size

1,250 sqft 1 units 3-Storey Storey Shop
RM 1,600,000 PSF: RM 1,262
Road Price PSF Size Date
JALAN PELITA UTAMA
RM 1,600,000
RM 1,262.00
1,268 sqft
Dec 2022