Area Intelligence

TAMAN LOPENG BARU

2 properties
2022
Median Price
RM 569,000
PSF: RM 210

Residential Market

Median Price

RM 569,000

IQR: RM 49
MAD: RM 38
RM 210 PSF 32.4%

PSF Trends (2021-2025)

TAMAN LOPENG BARU in Bahagian Miri, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 569K and a median price per square foot (PSF) of RM 210.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 569K, with most transactions falling within a stable range of RM 498K to RM 640K, and a typical market range of RM 534K to RM 605K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 210, with core pricing between RM 180 and RM 240. Market pricing typically extends from RM 185.50 to RM 234.50, reflecting moderate variation in unit pricing. With an IQR of RM 49.00 and MAD of RM 30, 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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TAMAN LOPENG BARU, Bahagian Miri, Sarawak

OSM

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Transactions

2 properties grouped by size

2,050 sqft 1 units Double Storey Terraced
RM 498,000 PSF: RM 240
Road Price PSF Size Date
OFF JALAN CAHAYA
RM 498,000
RM 240.00
2,071 sqft
Mar 2022
3,550 sqft 1 units Double Storey Semi-D
RM 640,000 PSF: RM 180
Road Price PSF Size Date
JALAN LOPENG CAHAYA
RM 640,000
RM 180.00
3,562 sqft
May 2022