Area Intelligence

PROMIN JAYA

13 properties
2023
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Median Price
RM 420,000
PSF: RM 124

Residential Market

Median Price

RM 420,000

IQR: RM 63
MAD: RM 35
RM 124 PSF 15.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PROMIN JAYA in Bahagian Miri, Sarawak recorded 13 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 124.

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 420K, with most transactions falling within a stable range of RM 300K to RM 555K, and a typical market range of RM 349K to RM 491K.

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

Price per square foot shows a median of RM 124, though individual units vary from RM 91 to RM 157 in the core range. The broader market spans RM 98.75 to RM 149.25, indicating diverse property characteristics. A wider spread (IQR: RM 50.50) and deviation (MAD: RM 33) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PROMIN JAYA, Bahagian Miri, Sarawak

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Transactions

13 properties grouped by size

1,950 sqft
3 units
RM 300,000
Single Storey Terraced JALAN PROMIN JAYA 1D
1,946 sqft · RM 154.00 PSF
Nov 2023
RM 330,000
Single Storey Terraced JALAN PROMIN JAYA 1D
1,946 sqft · RM 170.00 PSF
Nov 2023
RM 335,000
Double Storey Terraced JALAN PROMIN JAYA 1A
1,946 sqft · RM 172.00 PSF
Aug 2023
2,000 sqft
1 units Single Storey Terraced
RM 315,000
JLN PROMIN JAYA 1A
2,019 sqft · RM 156.00 PSF
Aug 2023
3,750 sqft
2 units Single Storey Semi-D
RM 560,000
JALAN PROMIN JAYA 1
3,746 sqft · RM 149.00 PSF
Aug 2023
RM 555,000
LOR DESA SENADIN 2C-1C
3,746 sqft · RM 148.00 PSF
Jul 2023
3,800 sqft
2 units
RM 420,000
Double Storey Terraced JALAN LUTONG KUALA BARAM
3,778 sqft · RM 111.00 PSF
Nov 2023
RM 310,000
Single Storey Terraced JALAN PROMIN JAYA 1C
3,778 sqft · RM 82.00 PSF
May 2023
3,850 sqft
1 units Single Storey Semi-D
RM 410,000
JALAN PROMIN JAYA
3,874 sqft · RM 106.00 PSF
Jul 2023
3,900 sqft
2 units Single Storey Semi-D
RM 480,000
JALAN PROMIN JAYA
3,875 sqft · RM 124.00 PSF
Oct 2023
RM 475,000
JALAN PROMIN JAYA 1A
3,875 sqft · RM 123.00 PSF
Jan 2023
7,050 sqft
1 units Double Storey Terraced
RM 460,000
JALAN PROMIN JAYA 2A
7,028 sqft · RM 65.00 PSF
Aug 2023
9,000 sqft
1 units Detached
RM 800,000
JLN PROMIN JAYA 1D/2
9,022 sqft · RM 89.00 PSF
Jun 2023