Area Intelligence

PIASAU BUSINESS CENTRE

5 properties
2024
Median Price
RM 1,223,000
PSF: RM 927

Commercial Market

Median Price

RM 1,223,000

IQR: RM 130
MAD: RM 59
RM 927 PSF 2.7%

PSF Trends (2021-2025)

PIASAU BUSINESS CENTRE in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 927.

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 1.22 million, with most transactions falling within a stable range of RM 1.07 million to RM 1.23 million, and a typical market range of RM 1.10 million to RM 1.23 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 927, with most transactions between RM 856 and RM 998. The usual range is RM 862.00 to RM 992.00, showing that most units are priced quite close to each other. With an IQR of RM 130.00 and MAD of RM 71, 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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PIASAU BUSINESS CENTRE, Bahagian Miri, Sarawak

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Transactions

5 properties grouped by size

1,150 sqft 2 units 3-Storey Storey Shop
RM 890,000 - 950,000 PSF: RM 792
Road Price PSF Size Date
JALAN PIASAU MIRI
RM 890,000
RM 766.00
1,163 sqft
Oct 2024
OFF JALAN DATUK MUIP
RM 950,000
RM 817.00
1,163 sqft
Jan 2024
1,300 sqft 3 units 3-Storey Storey Shop
RM 1,223,000 - 1,233,000 PSF: RM 932
Road Price PSF Size Date
JALAN BULATAN PARK
RM 1,233,000
RM 935.00
1,319 sqft
Dec 2024
JLN DATUK MUIP
RM 1,223,000
RM 927.00
1,320 sqft
Dec 2024
JLN DATUK MUIP
RM 1,233,000
RM 934.00
1,320 sqft
Dec 2024