TAMAN LAMBIR JAYA (COMMERCIAL)

TAMAN LAMBIR JAYA (COMMERCIAL) in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 740K and a median price per square foot (PSF) of RM 601.

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 740K, with most transactions falling within a stable range of RM 698K to RM 796K, and a typical market range of RM 698K to RM 832K.

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

For price per square foot, the median is RM 601, with most transactions between RM 570 and RM 632. The usual range is RM 554.75 to RM 647.25, showing that most units are priced quite close to each other. With an IQR of RM 92.50 and MAD of RM 31, 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.