Area Intelligence

PIASAU BUSINESS CENTRE

5 properties
2024
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Median Price
RM 1,223,000
PSF: RM 927

Commercial Market

Median Price

RM 1,223,000

IQR: RM 130
MAD: RM 59
RM 927 PSF 2.7%

PSF Trends (2021-2025)

PIASAU BUSINESS CENTRE in Bahagian Miri, Sarawak recorded 5 subsale transactions in 2024, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 927.

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 1.22 million, with most transactions falling within a stable range of RM 1.07 million to RM 1.23 million, and a typical market range of RM 1.10 million to RM 1.23 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 927, with most transactions between RM 856 and RM 998. The usual range is RM 862.00 to RM 992.00, showing that most units are priced quite close to each other. With an IQR of RM 130.00 and MAD of RM 71, 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. 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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PIASAU BUSINESS CENTRE, Bahagian Miri, Sarawak

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Transactions

5 properties grouped by size

1,150 sqft
2 units 3-Storey Storey Shop
RM 890,000
JALAN PIASAU MIRI
1,163 sqft · RM 766.00 PSF
Oct 2024
RM 950,000
OFF JALAN DATUK MUIP
1,163 sqft · RM 817.00 PSF
Jan 2024
1,300 sqft
3 units 3-Storey Storey Shop
RM 1,233,000
JALAN BULATAN PARK
1,319 sqft · RM 935.00 PSF
Dec 2024
RM 1,223,000
JLN DATUK MUIP
1,320 sqft · RM 927.00 PSF
Dec 2024
RM 1,233,000
JLN DATUK MUIP
1,320 sqft · RM 934.00 PSF
Dec 2024