LUTONG BAZAAR

LUTONG BAZAAR in Bahagian Miri, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.11 million and a median price per square foot (PSF) of RM 767.

This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.11 million, with most transactions falling within a stable range of RM 918K to RM 1.30 million, and a typical market range of RM 878K to RM 1.34 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 767, with core pricing between RM 659 and RM 874. Market pricing typically extends from RM 673.25 to RM 859.75, reflecting moderate variation in unit pricing. With an IQR of RM 186.50 and MAD of RM 108, 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.