Commercial Market
Median Price
RM 235,000
PSF Trends (2021-2025)
SOON HUP TOWER in Bahagian Miri, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 235K and a median price per square foot (PSF) of RM 193.
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 shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 193, with most transactions between RM 193 and RM 193. The usual range is RM 181.25 to RM 204.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop/Retail Lot |
|
RM 235,000
|
RM 193.00
|
1,221 sqft
|
Jul 2022
|