SOON HUP TOWER

SOON HUP TOWER in Bahagian Miri, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 303K and a median price per square foot (PSF) of RM 217.

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 303K, with most transactions falling within a stable range of RM 235K to RM 370K, and a typical market range of RM 269K to RM 336K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 217, with core pricing between RM 193 and RM 240. Market pricing typically extends from RM 204.75 to RM 228.25, reflecting moderate variation in unit pricing. With an IQR of RM 23.50 and MAD of RM 24, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.