Area Intelligence

MIRI TIMES SQUARE

16 properties
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Median Price
RM 580,000
PSF: RM 605

Commercial Market

Median Price

RM 580,000

IQR: RM 355
MAD: RM 192
RM 605 PSF 5.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MIRI TIMES SQUARE in Bahagian Miri, Sarawak recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 580K and a median price per square foot (PSF) of RM 605.

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 580K, with most transactions falling within a stable range of RM 545K to RM 615K, and a typical market range of RM 545K to RM 616K.

Most transactions involved soho/sofo/sovo, though some variety exists in the market.

Price per square foot shows a median of RM 605, though individual units vary from RM 414 to RM 797 in the core range. The broader market spans RM 427.50 to RM 782.50, indicating diverse property characteristics. A wider spread (IQR: RM 355.00) and deviation (MAD: RM 192) 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. 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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MIRI TIMES SQUARE, Bahagian Miri, Sarawak

OSM

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Transactions

16 properties grouped by size

600 sqft
1 units SOHO/SOFO/SOVO
RM 550,000
603 sqft · RM 912.00 PSF
Feb 2024
650 sqft
1 units SOHO/SOFO/SOVO
RM 480,000
646 sqft · RM 743.00 PSF
Jun 2022
750 sqft
2 units SOHO/SOFO/SOVO
RM 620,000
743 sqft · RM 835.00 PSF
May 2023
RM 580,000
743 sqft · RM 781.00 PSF
Jan 2023
900 sqft
2 units SOHO/SOFO/SOVO
RM 645,000
915 sqft · RM 705.00 PSF
Jan 2025
RM 580,000
915 sqft · RM 634.00 PSF
Jun 2022
950 sqft
3 units SOHO/SOFO/SOVO
RM 610,000
947 sqft · RM 644.00 PSF
Jun 2023
RM 580,000
958 sqft · RM 605.00 PSF
Aug 2022
RM 580,000
958 sqft · RM 605.00 PSF
Jan 2022
1,200 sqft
1 units Shop/Retail Lot
RM 490,000
1,184 sqft · RM 414.00 PSF
Nov 2024
1,500 sqft
1 units Shop/Retail Lot
RM 550,000
1,518 sqft · RM 362.00 PSF
Mar 2022
1,600 sqft
1 units Shop/Retail Lot
RM 464,000
1,582 sqft · RM 293.00 PSF
Jul 2023
1,650 sqft
3 units Shop/Retail Lot
RM 672,000
1,625 sqft · RM 413.00 PSF
Mar 2024
RM 564,000
1,636 sqft · RM 345.00 PSF
Aug 2023
RM 516,000
1,636 sqft · RM 315.00 PSF
Jul 2023
2,000 sqft
1 units Shop/Retail Lot
RM 700,000
1,991 sqft · RM 352.00 PSF
Dec 2021