PIASAU LORONG 1 - LORONG 12

PIASAU LORONG 1 - LORONG 12 in Bahagian Miri, Sarawak recorded 3 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 139.

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 500K, with most transactions falling within a stable range of RM 498K to RM 687K, and a typical market range of RM 498K to RM 571K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 139, with most transactions between RM 133 and RM 145. The usual range is RM 126.88 to RM 151.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.25 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.