LUTONG BARU
Residential Market
Median Price
RM 394,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Semi-D
20 properties
Median Price
RM 429,500
+3.9% CAGR
Median PSF
RM 108.50
+6.2% CAGR
Single Storey Terraced
8 properties
Median Price
RM 289,500
+6.5% CAGR
Median PSF
RM 149.00
-0.9% CAGR
Double Storey Semi-D
7 properties
Median Price
RM 475,000
+14.2% CAGR
Median PSF
RM 129.00
-1.1% CAGR
Detached
4 properties
Median Price
RM 527,500
+6.4% CAGR
Median PSF
RM 88.00
-1.1% CAGR
Double Storey Terraced
2 properties
Median Price
RM 437,500
-11.4% CAGR
Median PSF
RM 200.00
-1.5% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Semi-D | 20 |
RM 429,500
±50K MAD
|
+3.87% |
RM 108.50
±12 MAD
|
+6.20% | |
| Single Storey Terraced | 8 |
RM 289,500
±20K MAD
|
+6.53% |
RM 149.00
±4 MAD
|
-0.90% | |
| Double Storey Semi-D | 7 |
RM 475,000
±5K MAD
|
+14.25% |
RM 129.00
±3 MAD
|
-1.14% | |
| Detached | 4 |
RM 527,500
±33K MAD
|
+6.36% |
RM 88.00
±1 MAD
|
-1.13% | |
| Double Storey Terraced | 2 |
RM 437,500
±53K MAD
|
-11.36% |
RM 200.00
±3 MAD
|
-1.49% |
LUTONG BARU in Bahagian Miri, Sarawak recorded 6 subsale transactions in 2021, with a median price of RM 395K and a median price per square foot (PSF) of RM 112.
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 395K, with most transactions falling within a stable range of RM 319K to RM 470K, and a typical market range of RM 332K to RM 457K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 112, though individual units vary from RM 83 to RM 140 in the core range. The broader market spans RM 88.00 to RM 135.00, indicating diverse property characteristics. A wider spread (IQR: RM 47.00) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN SEALINE
|
RM 319,000
|
RM 184.00
|
1,738 sqft
|
Dec 2021
|
|
JALAN SPRINGLUTONG
|
RM 260,000
|
RM 114.00
|
2,280 sqft
|
Dec 2021
|
|
JALAN GAJUS
|
RM 360,000
|
RM 96.00
|
3,745 sqft
|
Oct 2021
|
|
JALAN Kampung PANGKALAN
|
RM 485,000
|
RM 127.00
|
3,812 sqft
|
Nov 2021
|
|
JALAN KEKWA
|
RM 430,000
|
RM 109.00
|
3,945 sqft
|
Oct 2021
|
|
OFF JALAN GERANIT
|
RM 429,000
|
RM 108.00
|
3,990 sqft
|
Nov 2021
|