Area Intelligence

PIASAU JAYA INDUSTRIAL AREA

5 properties
Detached Factory
Median Price
RM 3,563,000
PSF: RM 174

Commercial Market

Median Price

RM 3,563,000

IQR: RM 36
MAD: RM 17
RM 174 PSF 10.2%

PSF Trends (2021-2025)

PIASAU JAYA INDUSTRIAL AREA in Bahagian Miri, Sarawak recorded 5 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 3.56 million and a median price per square foot (PSF) of RM 174.

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 3.56 million, with most transactions falling within a stable range of RM 2.43 million to RM 5.43 million, and a typical market range of RM 3.01 million to RM 4.11 million.

Within the Detached Factory category, semi-detached factory/warehouse dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 174, though individual units vary from RM 138 to RM 210 in the core range. The broader market spans RM 155.00 to RM 193.00, indicating diverse property characteristics. The spread of RM 38.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PIASAU JAYA INDUSTRIAL AREA, Bahagian Miri, Sarawak

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Transactions

5 properties grouped by size

11,250 sqft 1 units Detached Factory
RM 2,430,000 PSF: RM 216
Road Price PSF Size Date
JALAN PIASAU UTARA 4
RM 2,430,000
RM 216.00
11,264 sqft
Feb 2024
18,950 sqft 1 units Detached Factory
RM 3,300,000 PSF: RM 174
Road Price PSF Size Date
JALAN PIASAU UTARA
RM 3,300,000
RM 174.00
18,944 sqft
Jan 2022
24,150 sqft 1 units Detached Factory
RM 3,563,000 PSF: RM 147
Road Price PSF Size Date
JALAN PIASAU UTARA 2
RM 3,563,000
RM 147.00
24,169 sqft
Nov 2024
43,700 sqft 1 units Detached Factory
RM 7,770,000 PSF: RM 178
Road Price PSF Size Date
JALAN CATTLEYA 3
RM 7,770,000
RM 178.00
43,691 sqft
Jan 2024
45,750 sqft 1 units Detached Factory
RM 4,900,000 PSF: RM 107
Road Price PSF Size Date
JALAN PIASAU UTARA 5
RM 4,900,000
RM 107.00
45,770 sqft
Nov 2021