Area Intelligence

MERDEKA MALL

19 properties
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Median Price
RM 122,000
PSF: RM 232

Commercial Market

Median Price

RM 122,000

IQR: RM 163
MAD: RM 33
RM 232 PSF 35.2%

PSF Trends (2021-2025)

MERDEKA MALL in Bahagian Miri, Sarawak recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 122K and a median price per square foot (PSF) of RM 232.

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 122K, with most transactions falling within a stable range of RM 81K to RM 163K, and a typical market range of RM 81K to RM 163K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 232, with core pricing between RM 199 and RM 265. Market pricing typically extends from RM 150.50 to RM 313.50, reflecting moderate variation in unit pricing. With an IQR of RM 163.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MERDEKA MALL, Bahagian Miri, Sarawak

OSM

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Transactions

19 properties grouped by size

300 sqft
1 units Shop/Retail Lot
RM 52,000
301 sqft · RM 173.00 PSF
Aug 2022
350 sqft
2 units Shop/Retail Lot
RM 80,000
347 sqft · RM 231.00 PSF
Feb 2023
RM 80,000
347 sqft · RM 231.00 PSF
Feb 2023
400 sqft
2 units Shop/Retail Lot
RM 81,000
407 sqft · RM 199.00 PSF
Nov 2023
RM 75,000
376 sqft · RM 199.00 PSF
Jul 2022
450 sqft
2 units Shop/Retail Lot
RM 161,000
442 sqft · RM 364.00 PSF
Jan 2024
RM 140,000
431 sqft · RM 325.00 PSF
Mar 2023
500 sqft
5 units Shop/Retail Lot
RM 179,000
492 sqft · RM 364.00 PSF
Jan 2024
RM 122,000
487 sqft · RM 251.00 PSF
Nov 2023
RM 101,000
506 sqft · RM 200.00 PSF
Oct 2023
RM 115,000
497 sqft · RM 231.00 PSF
Feb 2023
RM 96,000
478 sqft · RM 201.00 PSF
Jul 2022
550 sqft
2 units Shop/Retail Lot
RM 132,000
526 sqft · RM 251.00 PSF
Nov 2023
RM 113,000
563 sqft · RM 201.00 PSF
Nov 2023
600 sqft
2 units Shop/Retail Lot
RM 220,000
603 sqft · RM 365.00 PSF
Jan 2024
RM 144,000
621 sqft · RM 232.00 PSF
Feb 2023
700 sqft
1 units Shop/Retail Lot
RM 260,000
714 sqft · RM 364.00 PSF
Jan 2024
850 sqft
1 units Shop/Retail Lot
RM 302,000
830 sqft · RM 364.00 PSF
Jan 2024
1,050 sqft
1 units Shop/Retail Lot
RM 377,000
1,034 sqft · RM 365.00 PSF
Jan 2024