LUTONG BARU

LUTONG BARU in Bahagian Miri, Sarawak recorded 7 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 475K and a median price per square foot (PSF) of RM 129.

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 475K, with most transactions falling within a stable range of RM 399K to RM 551K, and a typical market range of RM 413K to RM 538K.

Within the Double Storey Semi-D category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 129, with core pricing between RM 112 and RM 146. Market pricing typically extends from RM 105.50 to RM 152.50, reflecting moderate variation in unit pricing. With an IQR of RM 47.00 and MAD of RM 17, 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.